Macdonald Mines Exploration (TSE:BMK) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
MacDonald Mines Exploration Ltd. has successfully closed a non-brokered private placement, raising $500,000 to fund developments at its SPJ Project and for general working capital. The company issued 10,000,000 units at $0.05 per unit, with insiders acquiring 8% of the total proceeds. The offering is pending final approval from the TSX Venture Exchange.
For further insights into TSE:BMK stock, check out TipRanks’ Stock Analysis page.