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PowerStone Metals Corp. ( (TSE:LIBR) ) has provided an announcement.
Libra Energy Materials Inc. announced the successful closing of its oversubscribed non-brokered private placement financing, raising $1,209,273. The funds will support exploration programs on its critical mineral properties in Ontario and Quebec, enhancing its position in the green energy sector. The financing included both hard dollar common shares and special flow-through shares, with insiders participating in the offering. The transaction underscores Libra’s commitment to advancing its mineral exploration efforts and strengthening its market presence.
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 is engaged in projects in Ontario and Quebec, Canada, and Brazil, with a portfolio that includes lithium, graphite, and cobalt projects. Libra collaborates with KoBold Metals Company on several projects and boasts a team with extensive experience in mining, mineral exploration, and capital markets.
Average Trading Volume: 42,106
Technical Sentiment Signal: Buy
Current Market Cap: C$9.04M
For an in-depth examination of LIBR stock, go to TipRanks’ Overview page.