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Happy Creek Minerals ( (TSE:HPY) ) has issued an announcement.
Happy Creek Minerals Ltd has successfully closed an oversubscribed private placement, raising C$3.75 million to advance its Fox Tungsten Project. The funds will enable the company to commence a 10,000-meter drill program aimed at expanding the existing resource estimate. This development positions Happy Creek to enhance its resource base and strengthen its position in the tungsten market, potentially benefiting stakeholders by increasing the project’s value and future production capacity.
More about Happy Creek Minerals
Happy Creek Minerals Ltd is a company in the mining industry, focusing on the exploration and development of mineral properties. Its primary project is the Fox Tungsten Project, a high-grade critical mineral project located in British Columbia, Canada. The company aims to supply high-quality tungsten to the North American and European industrial and defense markets.
Average Trading Volume: 217,224
Technical Sentiment Signal: Buy
Current Market Cap: C$16.97M
See more data about HPY stock on TipRanks’ Stock Analysis page.