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Discovery Energy Metals Raises $1 Million in Private Placement

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Discovery Energy Metals Raises $1 Million in Private Placement

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ISM Resources Corp ( (TSE:DEMC) ) has shared an update.

Discovery Energy Metals Corp. has successfully completed a non-brokered private placement, raising $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, potentially strengthening the company’s operational capabilities and market 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 a 100% interest in a significant number of mineral claims across Northern Quebec and British Columbia, including the prolific lithium district of the James Bay region. Additionally, it is advancing gold exploration in Nevada and evaluating a project in Central British Columbia through a joint venture.

Average Trading Volume: 94,801

Technical Sentiment Signal: Strong Buy

For detailed information about DEMC stock, go to TipRanks’ Stock Analysis page.

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