Neotech Metals Advances Testing and Secures Funding

Caravan Energy Corp. (TSE:NTMC) has released an update.

Neotech Metals Corp. has begun metallurgical testing at its Hecla-Kilmer property in collaboration with SGS Laboratories to evaluate the potential for expanded drilling based on rare earth and niobium mineralization. Additionally, the company has launched a revised LIFE financing round aiming to raise between $1.35 million and $2.5 million through the issuance of new units, each including a share and a purchase warrant, to fund exploration and operational expenses.

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