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The latest update is out from Caravan Energy Corp. ( (TSE:NTMC) ).
Neotech Metals Corp. has announced a non-brokered private placement financing to raise up to $1.1 million through the issuance of non-flow through and flow-through units. The funds raised will be allocated towards qualified expenditures on the company’s mineral properties and general working capital. This financing initiative is expected to support Neotech’s exploration activities and strengthen its market position in the mineral exploration industry.
More about Caravan Energy Corp.
Neotech Metals Corp. is a mineral exploration company focused on discovering and developing valuable mineral resources globally. The company is committed to environmental stewardship and sustainable practices, with a diversified portfolio of Rare-Earth Element and Rare Metals projects, including the Hecla-Kilmer, TREO, and Foothills projects, all of which are wholly-owned.
Average Trading Volume: 77,726
Technical Sentiment Signal: Buy
Current Market Cap: C$12.14M
Find detailed analytics on NTMC stock on TipRanks’ Stock Analysis page.