Namibia Critical Metals Inc (TSE:NMI) has released an update.
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Namibia Critical Metals Inc. has announced a private placement aiming to raise up to CDN$450,000 by offering units priced at $0.035 each, which includes one common share and one-half warrant. Bannerman Energy Ltd. plans to participate significantly, maintaining its ownership stake in the company. The proceeds will support general corporate purposes, pending approval from the TSX Venture Exchange.
For further insights into TSE:NMI stock, check out TipRanks’ Stock Analysis page.