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Saville Resources ( (TSE:FTUR) ) has provided an update.
Future Fuels Inc. has successfully completed a non-brokered private placement, raising over C$2.2 million through the sale of flow-through units. The proceeds will be used for exploration expenses on the company’s Hornby Basin Project, enhancing its position in the uranium exploration sector. This financial move is expected to bolster Future Fuels’ operational capabilities and potentially increase its market presence in the critical mineral mining industry.
More about Saville Resources
Future Fuels Inc. is a company focused on the exploration and development of uranium resources, with its principal asset being the Hornby Uranium Project in north-western Nunavut. The company also holds the Covette Property in Quebec’s James Bay region, which comprises 65 mineral claims.
Average Trading Volume: 217,419
Technical Sentiment Signal: Buy
Current Market Cap: C$84.53M
See more data about FTUR stock on TipRanks’ Stock Analysis page.