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Luca Mining Corp. Targets C$8.55M in Private Placement

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Luca Mining Corp. Targets C$8.55M in Private Placement

Altaley Mining Corporation (TSE:LUCA) has released an update.

Luca Mining Corp. has announced a private placement aiming to raise C$8.55 million through the sale of 19 million LIFE Units at C$0.45 each, which includes common shares and warrants. The funds are intended for use in the Campo Morado Improvement Program, exploration drilling projects, and the commissioning of the Tahuehueto mill, among other corporate purposes.

For further insights into TSE:LUCA stock, check out TipRanks’ Stock Analysis page.

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