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Cupani Metals ( (TSE:CUPA) ) has issued an update.
Cupani Metals Corp. has successfully closed the first tranche of a non-brokered private placement, raising over C$2 million through the issuance of flow-through units. The proceeds will be allocated to its Blue Lake/Retty Lake exploration project and general working capital. This strategic move is expected to enhance Cupani’s exploration capabilities and strengthen its position in the mineral exploration industry.
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 shareholders with long-term capital growth by investing in mineral exploration properties and other assets. It is listed on the Canadian Securities Exchange under the symbol ‘CUPA’.
Average Trading Volume: 78,604
Technical Sentiment Signal: Buy
Current Market Cap: C$20.71M
See more insights into CUPA stock on TipRanks’ Stock Analysis page.