European Energy Metals Raises Over $2M in Final Tranche

Hilo Mining Ltd (TSE:FIN) has released an update.

European Energy Metals Corp. has successfully completed the second tranche of its non-brokered private placement, raising a total of $2,058,125 through the issuance of 16,465,000 units. Each unit includes a share and a warrant, with the proceeds intended for exploration and working capital. The closing of this tranche underlines the company’s progress in securing funding for its lithium-cesium-tantalum project in Finland.

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