Kingsmen Resources (TSE:KNG) has released an update.
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Kingsmen Resources has successfully closed a $1 million private placement to boost its Las Coloradas Silver/Gold project in Mexico. The funding was secured through the issuance of 4 million units, each comprising a share and a warrant, with a portion purchased by company insiders. This strategic move aligns with Kingsmen’s focus on expanding its mineral exploration footprint in Mexico.
For further insights into TSE:KNG stock, check out TipRanks’ Stock Analysis page.