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Metalsource Mining Secures $4 Million for Exploration Projects

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Metalsource Mining Secures $4 Million for Exploration Projects

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Silverfish Resources, Inc. ( (TSE:MSM) ) has shared an update.

Metalsource Mining Inc. has successfully closed a non-brokered private placement, raising $4 million, with Eric Sprott as a significant investor. The funds will be used to advance exploration projects in North Carolina and Botswana, while the company has also closed an option agreement with Goldstrike Minerals to acquire rights in North Carolina. Additionally, Metalsource has engaged Equitrend Data Inc. for marketing services.

More about Silverfish Resources, Inc.

Metalsource Mining Inc. operates in the mining industry, focusing on exploration and development projects. The company is primarily engaged in advancing its Silver Hill and Byrd-Pilot projects in North Carolina, with an emphasis on silver exploration, as well as its Aruba manganese project in Botswana.

Average Trading Volume: 87,116

Technical Sentiment Signal: Buy

Current Market Cap: C$11.52M

See more insights into MSM stock on TipRanks’ Stock Analysis page.

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