Culico Metals Inc. (TSE:CLCO) has released an update.
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Culico Metals Inc. has announced a private placement aiming to raise up to C$1.6 million by offering 25 million common shares at C$0.064 each. The funds from this offering, expected to close by September 24, 2024, will be used for due diligence of potential transactions and general corporate purposes. The offering includes participation from officers and directors of the company and complies with regulatory requirements.
For further insights into TSE:CLCO stock, check out TipRanks’ Stock Analysis page.