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Norseman Capital ( (TSE:FTZ) ) has provided an update.
Fitzroy Minerals Inc. has successfully closed the final tranche of its non-brokered LIFE Offering, raising a total of $12 million through the issuance of 40 million shares at $0.30 each. The funds will be used for exploration activities, property commitments, and general corporate purposes. This strategic financial move positions the company to advance its projects and strengthen its operational capabilities, with implications for increased stakeholder value and potential growth in the mining sector.
More about Norseman Capital
Fitzroy Minerals Inc. operates in the mining industry, focusing on exploration and development projects. The company is involved in the Buen Retiro and Caballos projects, aiming to expand its resource base and market presence.
Average Trading Volume: 223,665
Technical Sentiment Signal: Buy
Current Market Cap: C$82.59M
See more data about FTZ stock on TipRanks’ Stock Analysis page.