Heritage Mining Ltd. (TSE:HML) has released an update.
Heritage Mining Ltd. has successfully completed the second tranche of its non-brokered private placement, raising a total of $157,000.04 to fund its exploration activities and general corporate expenses. The financing included the sale of units and flow-through units, with insiders of the company participating significantly in the offering. The proceeds will particularly support the company’s Drayton-Black Lake Project, with all issued securities being subject to a four-month statutory hold period.
For further insights into TSE:HML stock, check out TipRanks’ Stock Analysis page.
