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An update from PowerStone Metals Corp. ( (TSE:LIBR) ) is now available.
Libra Energy Materials Inc. announced a non-brokered private placement financing to raise $1,000,000 through the issuance of hard dollar common shares and charity flow-through shares. The proceeds will support exploration programs on the company’s critical mineral properties in Ontario and Quebec. The offering is subject to regulatory approvals and includes finders’ fees and broker warrants.
More about PowerStone Metals Corp.
Libra Energy Materials Inc. is a Canadian mineral exploration company focused on discovering and developing critical minerals essential for the green energy transition. The company has several projects in Ontario and Quebec, Canada, and Brazil, including lithium, graphite, and cobalt projects. Libra is engaged in a CAD$33 million earn-in deal with KoBold Metals Company for its Ontario projects.
Average Trading Volume: 49,470
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$9.61M
For a thorough assessment of LIBR stock, go to TipRanks’ Stock Analysis page.