Metal Energy Corp (TSE:MERG) has released an update.
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Metal Energy Corp. has successfully closed a non-brokered private placement, raising $1,000,000 to fund their Highland Valley Copper Project. The offering included the sale of flow-through units and common units, with securities subject to a holding period. Key participants in the transaction include Orecap Invest Corp. and company insiders, constituting a related party transaction.
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