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Domestic Metals ( (TSE:DMCU) ) has provided an announcement.
Domestic Metals Corp. has successfully closed the second tranche of its LIFE Offering, raising nearly $2 million through the issuance of over 7 million units. Each unit includes a common share and a purchase warrant, with the proceeds earmarked for working capital and exploration costs. The company has extended the closing of the final tranche to mid-November, maintaining the same terms and confirming no undisclosed material information. This move is expected to bolster the company’s financial position and support its ongoing exploration activities, enhancing its industry standing and potential for future growth.
More about Domestic Metals
Domestic Metals Corp. is a mineral exploration company that focuses on discovering large-scale copper and gold deposits in historically significant mining areas in the Americas. The company is particularly active in Montana, exploring copper mineralization and various exploration targets with a strong management and technical team experienced in mine discovery and development.
Average Trading Volume: 37,972
Technical Sentiment Signal: Buy
Current Market Cap: C$11.55M
Find detailed analytics on DMCU stock on TipRanks’ Stock Analysis page.