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Magna Terra Minerals Inc ( (TSE:MTT) ) has provided an announcement.
Magna Terra Minerals Inc. has updated its flow-through private placement offering, aiming to raise up to $500,000 through the issuance of premium flow-through and regular flow-through common shares. The funds will be used for exploration expenses at the Humber and Rocky Brook projects in Canada. The offering, which involves insider participation, is subject to regulatory approval and aims to strengthen the company’s exploration efforts in critical mineral mining.
More about Magna Terra Minerals Inc
Magna Terra Minerals Inc. is a Toronto-based exploration company focused on precious and critical metals. The company aims to advance its mineral projects in Atlantic Canada and Argentina, with a focus on generating shareholder value and minimizing dilution through partnerships. Key projects include the Humber Copper-Cobalt Project in Newfoundland, Rocky Brook Project in New Brunswick, and several projects in Argentina.
YTD Price Performance: 77.78%
Average Trading Volume: 235,458
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$6.85M
For an in-depth examination of MTT stock, go to TipRanks’ Stock Analysis page.
