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An announcement from Dunbar Metals Corp. ( (TSE:KSM) ) is now available.
Kirkstone Metals Corp., a Canadian uranium-focused mineral exploration company, is seeking to advance projects that contribute to the shift toward clean and secure energy. The company is listed on the TSX Venture Exchange and has expanded its trading footprint to the OTCQB market, improving visibility and access for North American investors.
Kirkstone announced a non-brokered private placement of up to 10,000,000 units at $0.20 per unit to raise as much as $2 million, with each unit comprising one common share and a half warrant exercisable at $1.00 after a 60-day hold. Part of the financing will use the listed issuer financing exemption, creating immediately free-trading units in Canada, while the rest will carry resale restrictions, and the capital is earmarked for exploration and working capital as the firm also begins trading on the OTCQB under the symbol KSMCF to enhance liquidity and U.S. shareholder access.
More about Dunbar Metals Corp.
Kirkstone Metals Corp. is a Canadian mineral exploration company focused on uranium assets that aim to support the global transition to clean, reliable and secure energy. The Vancouver-based firm is listed on the TSX Venture Exchange and now also trades on the OTCQB market, broadening its access to capital and investors, particularly in North America.
Average Trading Volume: 525,570
Technical Sentiment Signal: Sell
For a thorough assessment of KSM stock, go to TipRanks’ Stock Analysis page.