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Cupani Metals ( (TSE:CUPA) ) has shared an update.
Cupani Metals Corp. announced a non-brokered private placement to raise up to C$5 million through the issuance of flow-through units, charity flow-through units, and hard cash units. The proceeds will be used for exploration projects and general working capital, with specific funds allocated for Canadian exploration expenses. This move is expected to enhance Cupani’s exploration capabilities and strengthen its market position.
The most recent analyst rating on (TSE:CUPA) stock is a Buy with a C$0.70 price target. To see the full list of analyst forecasts on Cupani Metals stock, see the TSE:CUPA Stock Forecast page.
More about Cupani Metals
Cupani Metals Corp. is a company focused on providing long-term capital growth for shareholders by investing in mineral exploration properties and other assets. It is listed on the Canadian Securities Exchange under the symbol ‘CUPA’.
Average Trading Volume: 75,122
Technical Sentiment Signal: Buy
Current Market Cap: C$22.85M
See more insights into CUPA stock on TipRanks’ Stock Analysis page.