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DLP Resources ( (TSE:DLP) ) just unveiled an update.
DLP Resources Inc. has successfully completed a non-brokered private placement, raising gross proceeds of $1,362,208 through the issuance of 6,486,706 units priced at $0.21 each. The proceeds will be directed towards funding the company’s Peru projects and general administrative needs, enhancing its operational capabilities and potentially strengthening its market position in the mineral exploration sector.
More about DLP Resources
DLP Resources Inc. is a mineral exploration company focusing on exploring copper, base metals, and cobalt in Southern Peru and Southeastern British Columbia. The company is publicly listed on the TSX Venture Exchange and the OTCQB.
YTD Price Performance: -13.85%
Average Trading Volume: 8,500
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $15.84M
For a thorough assessment of DLP stock, go to TipRanks’ Stock Analysis page.