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The latest update is out from Lake Winn Resources ( (TSE:LWR) ).
Lake Winn Resources Corp. has announced a non-brokered private placement to raise up to $650,000 through the issuance of units priced at $0.055 each. The funds will be used for exploration costs related to the Little Nahanni project and general working capital. The offering is subject to TSX Venture Exchange approval and will be conducted in several Canadian provinces. The securities will have a four-month hold period post-closing, and the company may pay finder’s fees as per TSXV policies.
More about Lake Winn Resources
Lake Winn Resources Corp. is a mineral exploration company focused on advancing the 100% owned Little Nahanni Pegmatite project located in the Northwest Territories near the Yukon Border. The project covers 9682.5 hectares and includes a significant lithium, cesium, and tantalum pegmatite dyke swarm, with historic drilling and channel sampling confirming the presence of these minerals.
Average Trading Volume: 19,471
Technical Sentiment Signal: Sell
Current Market Cap: C$1.15M
See more insights into LWR stock on TipRanks’ Stock Analysis page.