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Saville Resources ( (TSE:FTUR) ) has shared an update.
Future Fuels Inc. has announced a non-brokered private placement aiming to raise $1.5 million through the issuance of up to 3,750,000 units, each comprising one common share and one warrant. The proceeds will support corporate activities and the advancement of the Hornby Uranium Project. Additionally, the company has increased its budget for online marketing services with MCS Market Communication Service GmbH, reflecting an effort to enhance its market presence.
More about Saville Resources
Future Fuels Inc. is 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, indicating a focus on mineral exploration in geologically promising areas.
Average Trading Volume: 156,094
Technical Sentiment Signal: Buy
Current Market Cap: C$45.84M
For a thorough assessment of FTUR stock, go to TipRanks’ Stock Analysis page.