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An announcement from iMetal Resources ( (TSE:IMR) ) is now available.
iMetal Resources Inc. has successfully closed a non-brokered private placement, raising $1,125,705 through the issuance of 10,720,999 units. The proceeds will be used for further exploration of the company’s properties and potential acquisitions, enhancing its operational capabilities and market positioning. Additionally, the company has granted 1,000,000 incentive stock options to its directors, officers, and consultants, which could strengthen internal stakeholder alignment and motivation.
More about iMetal Resources
iMetal Resources Inc. is a Canadian-based junior exploration company focused on the exploration and development of its resource properties in Ontario and Quebec. Their flagship property, Gowganda West, is an exploration-stage gold project located within the Shining Tree Camp area in the Abitibi Greenstone Gold Belt. The company also has the Ghost Mountain property near Kirkland Lake and the Carheil project in the Northern Abitibi Greenstone Belt, both with potential for multi-metal exploration.
Average Trading Volume: 32,741
Technical Sentiment Signal: Sell
Current Market Cap: C$2.32M
See more insights into IMR stock on TipRanks’ Stock Analysis page.