Mogotes Metals Inc. Launches $2.5M Capital Raise

Mogotes Metals Inc. (TSE:MOG) has released an update.

Mogotes Metals Inc. announces a significant private placement offering, aiming to raise up to $2.5 million through the sale of units, each comprising a common share and half a warrant. This capital raise is supported by a strategic investor, signaling confidence in the company’s exploration prospects and scientific approach. The funds are earmarked for further exploration and development of Mogotes Metals’ Filo Sur property.

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