Montero Mining Completes Oversubscribed Private Placement
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Montero Mining Completes Oversubscribed Private Placement

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Montero Mining and Exploration (TSE:MON) has released an update.

Montero Mining and Exploration Ltd. has successfully completed the final tranche of its private placement, raising a total of $1,307,254 through the issuance of common shares at $0.27 each. The funds raised are earmarked for general corporate and working capital purposes. The completion of this offering, which was oversubscribed, underlines investor confidence and positions Montero for further corporate activities.

For further insights into TSE:MON stock, check out TipRanks’ Stock Analysis page.

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