Manganese X Energy Corp (TSE:MN) has released an update.
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Manganese X Energy Corp. successfully completed a private placement financing, raising $371,000 through the sale of 10,600,000 flow-through common shares. The funds will be allocated towards the company’s exploration projects in New Brunswick, specifically qualifying as Canadian exploration expenses. Insider participation in the transaction was exempt from certain regulatory requirements.
For further insights into TSE:MN stock, check out TipRanks’ Stock Analysis page.