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Cortus Metals ( (TSE:MLO) ) has provided an announcement.
Metalero Mining Corp. has successfully closed the second tranche of its non-brokered private placement, raising $108,679.83 through the sale of flow-through units. The funds will be used for exploration work at the Benson Project, a strategically significant asset located in the Quesnel Trough, a major mineral belt in Canada. This move is expected to bolster Metalero’s exploration efforts and enhance its position in the copper and gold mining industry.
More about Cortus Metals
Metalero Mining Corp. is a Canadian-based junior exploration company focused on copper and gold projects in North America. The company’s flagship project is the 173 square kilometer, road-accessible Benson Project, which contains five prospects with gold and copper within porphyry-related mineralized systems.
Average Trading Volume: 72,614
Technical Sentiment Signal: Sell
Current Market Cap: C$3.12M
For detailed information about MLO stock, go to TipRanks’ Stock Analysis page.