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Inomin Mines Launches $200,000 Private Placement to Fund Operations

Story Highlights
  • Inomin Mines focuses on exploring mineral properties for critical minerals, gold, and silver.
  • The company announces a $200,000 private placement to support operational costs and projects.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Inomin Mines Launches $200,000 Private Placement to Fund Operations

Confident Investing Starts Here:

Inomin Mines Inc ( (TSE:MINE) ) has shared an announcement.

Inomin Mines Inc. has announced a non-brokered private placement to raise up to $200,000 through the sale of non-flow-through units, each consisting of one common share and one share purchase warrant. The proceeds will be allocated towards general working capital, management and geological service fees, investor relations activities, and property evaluations. The financing is available to existing shareholders and certain non-accredited investors under specific exemptions, with the completion subject to regulatory approvals.

More about Inomin Mines Inc

Inomin Mines is a company focused on the identification, acquisition, and exploration of mineral properties with strong potential to host significant resources, particularly critical minerals, as well as gold and silver. The company is listed on the TSX Venture Exchange under the symbol MINE.

Average Trading Volume: 102,210

Technical Sentiment Signal: Sell

Current Market Cap: C$1.48M

Find detailed analytics on MINE stock on TipRanks’ Stock Analysis page.

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