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Atacama Copper Corporation ( (TSE:FMT) ) has provided an update.
Fuerte Metals Corporation has announced a private placement offering to raise up to C$15,000,000 through the sale of flow-through common shares. The proceeds are intended to fund eligible Canadian exploration expenses related to the company’s Coffee Gold Project in Yukon Territory, Canada. The project, which hosts significant gold resources, is on track for permitting and aims to become a major Canadian gold producer with the support of financial and technical partners. The company emphasizes its commitment to cooperating with local First Nations to ensure environmental and cultural respect during exploration and mining activities.
More about Atacama Copper Corporation
Average Trading Volume: 140,102
Technical Sentiment Signal: Buy
Current Market Cap: C$435.6M
Learn more about FMT stock on TipRanks’ Stock Analysis page.