Inomin Mines Closes First Tranche of Financing

Inomin Mines Inc (TSE:MINE) has released an update.

Inomin Mines Inc. has successfully closed the first tranche of its private placement, raising $100,000 to fund exploration at its Beaver-Lynx project in British Columbia. The company has issued flow-through units that include shares and warrants, and plans to close a second tranche in January 2025. This funding will support Inomin’s ongoing mineral exploration efforts and financial management.

For further insights into TSE:MINE stock, check out TipRanks’ Stock Analysis page.