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ISM Resources Corp ( (TSE:DEMC) ) has shared an update.
Discovery Energy Metals Corp. announced a non-brokered private placement financing to raise up to $1,000,000 through the issuance of 10,000,000 units at $0.10 per unit. The proceeds will be used for general working capital and property exploration, with the closing subject to regulatory approvals. This move is expected to support the company’s exploration activities and strengthen its position in the energy metals sector.
More about ISM Resources Corp
Discovery Energy Metals Corp. is a Canadian exploration company focused on advancing mineral resource projects in North America. The company holds significant mineral claims in Quebec and British Columbia, and is involved in gold exploration in Nevada and a joint venture in British Columbia.
Average Trading Volume: 64,921
Technical Sentiment Signal: Buy
Learn more about DEMC stock on TipRanks’ Stock Analysis page.