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DeepRock Minerals Set to Advance with Private Placement
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DeepRock Minerals Set to Advance with Private Placement

DeepRock Minerals, Inc. (TSE:DEEP) has released an update.

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DeepRock Minerals Inc. has announced its plan to close the first tranche of a non-brokered private placement, offering units at $0.02 each to raise up to $500,000, with each unit comprising a share and a half warrant. The proceeds from this initiative, which includes participation from company insiders, will be detailed in a forthcoming news release, with all issued securities subjected to a four-month statutory hold. DeepRock Minerals specializes in mineral resource property acquisition and development, emphasizing its continuous growth in the Canadian mineral exploration sector.

For further insights into TSE:DEEP stock, check out TipRanks’ Stock Analysis page.

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