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Kenadyr Metals Announces $1 Million Private Placement to Bolster Financial Position

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Kenadyr Metals Announces $1 Million Private Placement to Bolster Financial Position

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Kenadyr Metals ( ($TSE:KEN.H) ) has shared an announcement.

Kenadyr Metals Corp. has announced a non-brokered private placement of up to 16,666,667 common shares at $0.06 per share, aiming to raise up to $1,000,000. The proceeds will be used for settling liabilities and general working capital, with the offering subject to necessary approvals and conditions, potentially impacting the company’s financial stability and operational capabilities.

More about Kenadyr Metals

Kenadyr Metals Corp. operates in the mining industry, focusing on the exploration and development of mineral resources. The company primarily deals with the acquisition and exploration of mineral properties, aiming to expand its portfolio and market presence.

YTD Price Performance: -16.67%

Average Trading Volume: 851

Technical Sentiment Signal: Buy

Current Market Cap: $109.9K

See more insights into KEN.H stock on TipRanks’ Stock Analysis page.

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