Intrepid Metals Corp. Announces Private Placement and Agreement Amendment

The latest update is out from Voleo Trading Systems Inc ( (TSE:INTR) ).

Intrepid Metals Corp. announced a non-brokered private placement offering of units to raise between $3.1 million and $5 million, with proceeds aimed at exploration expenditures and general working capital. The offering, which includes common shares and warrants, is subject to TSX Venture Exchange approval and is available to Canadian residents outside Quebec. Additionally, Intrepid has amended its agreement with Cave Creek Copper Inc. to extend cash payments, issuing additional shares and warrants to Cave Creek shareholders.

More about Voleo Trading Systems Inc

Intrepid Metals Corp. is a Canadian company that focuses on exploring high-grade essential metals such as copper, silver, and zinc in southeastern Arizona, USA. The company has acquired or has agreements to acquire several drill-ready projects, including the Corral Copper Project, Tombstone South Project, and Mesa Well Project. Intrepid is traded on the TSX Venture Exchange under the symbol ‘INTR’ and on the OTCQB Venture Market under the symbol ‘IMTCF’.

YTD Price Performance: 50.0%

Average Trading Volume: 60,573

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$26.74M

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