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An update from Heartfield Mining Corp. ( (TSE:MERC) ) is now available.
Mercado Minerals Ltd. has successfully closed a non-brokered private placement financing, raising C$5,598,000 through the issuance of 27,990,000 units. This financing included a strategic investment from Vizsla Silver Corp, positioning Vizsla as a new shareholder. The proceeds will be used to advance exploration on recently acquired properties Copalito and Zamora, cover acquisition costs, support new project generation, and fund investor relations and corporate activities. The strategic partnership with Vizsla Silver is expected to bolster Mercado’s exploration efforts in the underexplored western margin of the Sierra Madre, potentially enhancing its industry position and offering growth opportunities for stakeholders.
More about Heartfield Mining Corp.
Mercado Minerals Ltd. (CSE: MERC) is a company engaged in acquiring and exploring mineral properties across the Americas, with a focus on the Porter Property in British Columbia’s Alberni Mining Divisions.
Average Trading Volume: 76,488
Technical Sentiment Signal: Buy
See more insights into MERC stock on TipRanks’ Stock Analysis page.