Namibia Critical Metals Inc (TSE:NMI) has released an update.
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Namibia Critical Metals Inc. has successfully closed a private placement, raising CDN$450,000 by issuing 12,857,143 units at $0.035 per unit. The funds will be used for general corporate purposes, and the company continues to develop its significant Lofdal Heavy Rare Earth Project in collaboration with Japan’s JOGMEC.
For further insights into TSE:NMI stock, check out TipRanks’ Stock Analysis page.