Euromax Resources (TSE:EOX) has released an update.
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Euromax Resources has successfully closed a non-brokered private placement, raising approximately C$1.78 million through the issuance of over 118 million common shares. The funds will be used for various administrative and operational costs, with a portion allocated to salaries and project working capital.
For further insights into TSE:EOX stock, check out TipRanks’ Stock Analysis page.