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An announcement from Happy Creek Minerals ( (TSE:HPY) ) is now available.
Happy Creek Minerals Ltd announced a non-brokered private placement to raise up to C$3,250,000 through the issuance of charity flow-through units and non-flow-through units. The funds will be primarily used to advance the Fox Tungsten Project in British Columbia, one of the highest-grade undeveloped tungsten projects globally, with a planned 10,000-meter drill program. The involvement of institutional investors like Waratah Capital Advisors Ltd highlights confidence in the project’s potential. This financing move is expected to strengthen Happy Creek’s position in the mining industry and support its exploration and development activities in the Cariboo district of British Columbia.
More about Happy Creek Minerals
Happy Creek Minerals Ltd is a company focused on discovering and developing resources in its 100-percent-owned portfolio of diversified metals projects, with a particular emphasis on projects located near infrastructure.
Average Trading Volume: 60,485
Technical Sentiment Signal: Buy
Current Market Cap: C$7.08M
For a thorough assessment of HPY stock, go to TipRanks’ Stock Analysis page.