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Magna Terra Updates $500,000 Flow-Through Private Placement

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Magna Terra Updates $500,000 Flow-Through Private Placement

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Magna Terra Minerals Inc ( (TSE:MTT) ) has provided an update.

Magna Terra Minerals Inc. announced an update to its flow-through private placement, targeting $500,000 in gross proceeds to fund exploration expenses in its Canadian mineral projects. The issuance involves premium flow-through and regular flow-through shares, with insiders participating under certain regulatory exemptions, and is subject to TSX Venture Exchange approval.

More about Magna Terra Minerals Inc

Magna Terra Minerals Inc. is a Toronto-based exploration company focused on precious and critical metals. It aims to advance its mineral projects in Atlantic Canada and Argentina, including the Humber Copper-Cobalt Project and the Rocky Brook Project, while generating value through strategic partnerships.

YTD Price Performance: 77.78%

Average Trading Volume: 235,458

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$6.85M

For a thorough assessment of MTT stock, go to TipRanks’ Stock Analysis page.

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