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An announcement from Meridian Mining SE ( (TSE:MNO) ) is now available.
Meridian Mining SE has announced a fully subscribed CAD 10 million non-brokered private placement financing by a European investor, which will aid in advancing the Cabaçal project’s Pre-Feasibility Study and initiate subsequent feasibility studies. The company is also focusing on resource growth at the Santa Helena deposit and exploration along the Cabaçal VMS belt, highlighting its strategic vision for multiple mining operations in Brazil.
More about Meridian Mining SE
Meridian Mining SE is a mining company focused on developing copper and gold projects in Brazil. It is working towards becoming Brazil’s next major copper-gold producer with its flagship project, the Cabaçal Au-Cu-Ag project.
YTD Price Performance: 2.50%
Average Trading Volume: 197,079
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$126.5M
See more insights into MNO stock on TipRanks’ Stock Analysis page.
