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Muzhu Mining Ltd. ( (TSE:MUZU) ) has provided an announcement.
Muzhu Mining Ltd. has successfully closed the first tranche of its non-brokered offering, raising $250,000, and has increased its private placement offering to $1,000,000 due to strong investor demand. The funds will support the Everett Titanium Project in Quebec, with proceeds allocated for initial option payments, exploration, and metallurgical testing. This move is expected to bolster Muzhu’s operational capabilities and enhance its position in the titanium exploration sector.
More about Muzhu Mining Ltd.
Muzhu Mining Ltd. is a Canadian publicly traded exploration company primarily focused on advancing the Everett Titanium Project in Quebec. The company operates within the mining industry, with a specific emphasis on titanium exploration and development.
Average Trading Volume: 81,985
Technical Sentiment Signal: Buy
Current Market Cap: C$3.76M
For a thorough assessment of MUZU stock, go to TipRanks’ Stock Analysis page.