Mogotes Metals Inc. (TSE:MOG) has released an update.
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Mogotes Metals Inc. has successfully completed the final tranche of its private placement, raising a total of $3.5 million through the issuance of 25 million units. Each unit includes one common share and a half-warrant, which could potentially convert into additional shares until January 2027. The funds will be directed towards exploration and development of the company’s Filo Sur property.
For further insights into TSE:MOG stock, check out TipRanks’ Stock Analysis page.