Cortus Metals, Inc. (TSE:MLO) has released an update.
Metalero Mining Corp. has announced a non-brokered private placement to raise up to $1.15 million by issuing shares, aiming to fund ongoing exploration and development of their Nevada projects and for general working capital. The offering includes a 4-month resale restriction and complies with TSX Venture Exchange policies. This initiative follows the company’s restructuring, which includes a shift in project focus and management changes.
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