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An announcement from Domestic Metals ( (TSE:DMCU) ) is now available.
Domestic Metals Corp. has announced a non-brokered private placement to raise up to $3 million, which will fund exploration at its Smart Creek Property in Montana and general working capital. Additionally, the company has appointed Stuart Ross as Chief Financial Officer and Marla Ritchie as Corporate Secretary, bringing extensive industry experience to the leadership team. These strategic moves are expected to enhance the company’s operational capabilities and strengthen its position in the mineral exploration industry.
More about Domestic Metals
Domestic Metals Corp. is a mineral exploration company focused on discovering large-scale copper and gold deposits in historical mining project areas across the Americas. The company targets economically favorable grades indicated by historic drilling and outcrop sampling in geologically attractive mining jurisdictions, with the Smart Creek Project in Montana being a key focus.
Average Trading Volume: 58,717
Technical Sentiment Signal: Buy
Current Market Cap: C$6.56M
Find detailed analytics on DMCU stock on TipRanks’ Stock Analysis page.