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Inomin Mines Completes $229,775 Private Placement to Boost Operations

Story Highlights
  • Inomin Mines focuses on exploring mineral properties with potential for critical minerals.
  • Inomin Mines raised $229,775 through a private placement to support its operations.
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Inomin Mines Completes $229,775 Private Placement to Boost Operations

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Inomin Mines Inc ( (TSE:MINE) ) just unveiled an announcement.

Inomin Mines Inc. has successfully closed its non-brokered private placement, raising gross proceeds of $229,775 through the issuance of 6,565,000 units. The funds raised will be allocated for general working capital, management service fees, marketing activities, and property evaluations. This financing move is subject to final acceptance by the TSX Venture Exchange and is expected to support Inomin’s operational and strategic goals, potentially strengthening its position in the mineral exploration industry.

More about Inomin Mines Inc

Inomin Mines Inc. is focused on identifying, acquiring, and exploring mineral properties with strong potential to host significant resources, particularly critical minerals, as well as gold and silver projects. The company is listed on the TSX Venture Exchange under the symbol MINE.

Average Trading Volume: 90,210

Technical Sentiment Signal: Sell

Current Market Cap: C$1.48M

For a thorough assessment of MINE stock, go to TipRanks’ Stock Analysis page.

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