Mantaro Precious Metals Corp (TSE:MNTR) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Mantaro Precious Metals Corp. has successfully completed a $1.3 million non-brokered private placement by issuing 26 million shares at $0.05 each, with part of the proceeds intended for drilling activities and debt repayment. The offering included finder’s fees and issuance of warrants, with insiders purchasing a significant number of shares while adhering to regulatory exemptions. The company, known for holding the Santas Gloria silver property in Peru, has stated the funds will also support property maintenance.
For further insights into TSE:MNTR stock, check out TipRanks’ Stock Analysis page.