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The latest announcement is out from Penbar Capital Ltd. ( (TSE:EVI) ).
Eastport Critical Metals Corp. has launched a non-brokered private placement of up to 2,500,000 units at $0.80 per unit, aiming to raise as much as $2 million to fund exploration and development across its Botswana portfolio and for general working capital. Each unit comprises one common share and a three-year warrant exercisable at $1.00, with the financing subject to TSX Venture Exchange approval, potential finder’s fees, and standard resale restrictions, underscoring Eastport’s continued push to advance its multi-commodity assets in one of Africa’s most attractive mining jurisdictions.
More about Penbar Capital Ltd.
Eastport Critical Metals Corp. is a critical minerals development company focused on five projects in Botswana, where cumulative historical and current expenditures approach $20 million. Its flagship asset is the Matsitama Copper Project in the Matsitama copper district, complemented by the Selebi East nickel-copper-cobalt project, the Semarule rare earth elements project, the Foley uranium project adjacent to the Letlhakane deposit, and the Keng nickel-copper-PGE project, all within Botswana’s highly regarded and mining-friendly jurisdiction.
Average Trading Volume: 40,663
Technical Sentiment Signal: Buy
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