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The latest update is out from Miata Metals Corp. ( (TSE:MMET) ).
Miata Metals Corp. has successfully closed a non-brokered private placement, raising $5.5 million by issuing 23,913,044 units at $0.23 per unit. The proceeds will be used for exploration activities on its gold projects in Suriname and for general corporate purposes. This strategic move enhances Miata’s financial position, allowing it to further its exploration efforts and potentially increase its market presence in the mineral exploration industry.
More about Miata Metals Corp.
Miata Metals Corp. is a Canadian mineral exploration company listed on the Canadian Securities Exchange, OTCQB, and Frankfurt Exchanges. The company focuses on acquiring, exploring, and developing mineral properties, holding a 70% interest in the Sela Creek Gold Project and the Nassau Gold Project in Suriname, with options to acquire full ownership.
Average Trading Volume: 259,887
Technical Sentiment Signal: Sell
For detailed information about MMET stock, go to TipRanks’ Stock Analysis page.