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Mogotes Metals Inc. ( (TSE:MOG) ) just unveiled an announcement.
Mogotes Metals Inc. has successfully closed the second tranche of its non-brokered private placement, raising a total of $22,000,000, including proceeds held in escrow. The funds will be used for exploration and development of the Filo Sur property and general working capital. Additionally, the company has entered into a digital marketing agreement with Senergy Communications Capital Inc. to enhance its market presence through targeted advertising.
More about Mogotes Metals Inc.
Mogotes Metals Inc. is a mineral exploration company focused on exploring for copper and gold in the Vicuña district of Argentina and Chile.
Average Trading Volume: 428,863
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$44.42M
For an in-depth examination of MOG stock, go to TipRanks’ Overview page.