iMetal Resources (TSE:IMR) has released an update.
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iMetal Resources has successfully closed the first tranche of its private placement, raising $670,002.90 by issuing over 4.4 million units, each comprising a common share and a warrant. The proceeds will be used for further exploration and general capital expenses, with all securities subject to a hold period until April 2025.
For further insights into TSE:IMR stock, check out TipRanks’ Stock Analysis page.