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Kenadyr Metals ( ($TSE:KEN.H) ) has issued an update.
Kenadyr Metals Corp. finalized the third and final tranche of its private placement financing, raising an aggregate total of over $3.8 million to fund exploration and operational costs for the Adelita Project. The funding will support mineral resource pursuits and strengthen the company’s position in the mining industry as it moves to complete its reactivation on the TSX Venture Exchange and acquisition of the Adelita Project. Additionally, the corporation has announced the filing of an independent technical report further validating the Adelita Project’s potential.
More about Kenadyr Metals
Kenadyr Metals Corp., soon to be renamed Algo Grande Copper Corp., is a mineral exploration company focused on unlocking the potential of the under-explored Adelita Project in the Arizona–Sonora copper belt. The company specializes in copper, gold, and silver exploration, leveraging advanced geophysical techniques and a data-driven approach to uncover high-grade deposits.
YTD Price Performance: 349.44%
Technical Sentiment Signal: Hold
Current Market Cap: C$7.45M
See more insights into KEN.H stock on TipRanks’ Stock Analysis page.