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Halcones Precious Metals Corp ( (TSE:HPM) ) has shared an update.
Halcones Precious Metals Corp. has successfully closed a non-brokered private placement, raising $714,290.71 through the issuance of over 10 million units. The proceeds will be used for exploration work on its Polaris Project and general corporate purposes. The participation of company insiders in the offering highlights internal confidence, and the transaction is exempt from certain regulatory requirements due to its size relative to the company’s market capitalization. The offering is pending final approval from the TSX Venture Exchange.
More about Halcones Precious Metals Corp
Halcones Precious Metals Corp. is focused on exploring and developing gold-silver projects in Chile, leveraging a team with a strong background of exploration success in the region.
YTD Price Performance: 25.00%
Average Trading Volume: 240,776
Technical Sentiment Signal: Sell
Current Market Cap: C$7.82M
Learn more about HPM stock on TipRanks’ Stock Analysis page.