Fokus Mining Corporation (TSE:FKM) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Fokus Mining Corporation successfully completed a non-brokered private placement, raising $150,000 through the issuance of 3 million units at $0.05 each, with proceeds aimed at bolstering general working capital. Each unit includes a share and a warrant, the latter allowing the purchase of an additional share at $0.06 within three years. The freshly garnered funds will support the exploration of the Galloway gold project in Quebec, where the company has already drilled 40 diamond holes.
For further insights into TSE:FKM stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
- “Soulless” Options Put on Notice: Starbucks Stock (NASDAQ:SBUX) Notches Up as Niccol Continues to Plead Third-Place
- “We Anticipate These Pressures Will Persist”: Home Depot Stock (NYSE:HD) Gains Despite Housing Market Troubles
- Nvidia or Palantir: Billionaire Chris Rokos Pours Hundreds of Millions Into One Top AI Stock