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Mawson Finland Limited ( (TSE:MFL) ) has shared an update.
Mawson Finland Limited has announced an increase in its brokered private placement financing to C$6,000,000 in response to strong demand. The proceeds will be used to advance the Rajapalot Gold-Cobalt Project and for general working capital, with the offering expected to close by March 5, 2025, subject to necessary approvals.
More about Mawson Finland Limited
Mawson Finland Limited is an exploration stage mining development company focused on the acquisition and exploration of precious and base metal properties in Finland, with a primary emphasis on gold and cobalt. The company holds a 100% interest in the Rajapalot Gold-Cobalt Project, part of the larger Rompas-Rajapalot Property.
YTD Price Performance: 14.94%
Average Trading Volume: 20,414
Technical Sentiment Consensus Rating: Strong Sell
Learn more about MFL stock on TipRanks’ Stock Analysis page.