Madoro Metals Advances Private Placement Financing

Madoro Metals Corp (TSE:MDM) has released an update.

Madoro Metals Corp. is advancing its non-brokered private placement, aiming to raise $305,000 by selling units at $0.02 each, with each unit comprising a common share and a half warrant, which can be exercised at $0.05. The proceeds will support exploration of the company’s properties, cover obligations under property option agreements, and provide working capital. This financing is pending approval from the TSX Venture Exchange and securities will have a statutory hold period.

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