HM Exploration Commences Phase One Exploration at Devil’s Den and Announces Private Placement

The latest announcement is out from Hm Exploration Corp. ( (TSE:HM) ).

HM Exploration Corp. has initiated its Phase One exploration program at the Devil’s Den Project in British Columbia, employing UAV drone technology for a geophysical survey to enhance understanding of copper mineralization. In addition, the company has announced a non-brokered private placement to raise $140,000 CAD to fund this exploration, with plans to renounce qualifying expenditures to flow-through share subscribers by the end of 2025.

More about Hm Exploration Corp.

HM Exploration Corp. operates in the exploration industry with a focus on geophysical exploration and prospecting, primarily targeting high-grade copper mineralization. The company is listed on the Canadian Securities Exchange and is utilizing modern UAV technology for efficient data acquisition.

YTD Price Performance: -50.0%

Average Trading Volume: 41,812

For an in-depth examination of HM stock, go to TipRanks’ Stock Analysis page.