Mountain Boy Minerals (TSE:MTB) has released an update.
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Mountain Boy Minerals Corp. (MTB) has completed a private placement, securing $344,000 in funding through the sale of flow-through and non-flow-through units, with proceeds aimed at furthering exploration at their Telegraph copper-gold project in British Columbia and covering general corporate expenses. Company insiders participated in the offering, which is awaiting final TSX Venture Exchange approval and comes with a four-month hold period on the securities sold. The exploration efforts will focus on delineating the mineralized porphyry trend identified at the Telegraph project.
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