Magna Mining (TSE:NICU) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Magna Mining Inc. successfully closed a private placement, raising approximately $21.85 million through the sale of over 20 million common shares. The funds will be used to advance their Sudbury projects and for general corporate purposes, marking a significant step in the company’s growth strategy.
For further insights into TSE:NICU stock, check out TipRanks’ Stock Analysis page.