Neotech Metals Corp. Announces $1 Million Private Placement to Boost Exploration Efforts

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

Neotech Metals Corp. has announced a non-brokered private placement offering of up to 6,666,666 units at $0.15 per unit, aiming to raise $1 million. The proceeds will be used for exploration expenditures and general corporate purposes, potentially impacting the company’s operational capabilities and market positioning. The offering is subject to customary conditions and approvals, with a closing expected around June 26, 2025.

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.

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Technical Sentiment Signal: Hold

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