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NeoTerrex Minerals Inc ( (TSE:NTX) ) has issued an update.
NeoTerrex Minerals Inc. has successfully closed a $500,000 non-brokered private placement, issuing 2,000,000 units at $0.25 each, with SIDEX and NQ Mining Investment each contributing $250,000. The funds will be used for exploration on NeoTerrex’s critical metals projects in Quebec, including the Strange Lake West project, highlighting the company’s focus on expanding its presence in the critical minerals sector.
More about NeoTerrex Minerals Inc
NeoTerrex Minerals Inc. is a company focused on mineral exploration in Quebec, Canada, with a strategic alignment to meet the rising demand for rare earth elements and other critical materials essential for the defense industry and clean-energy transition. The company benefits from Quebec’s robust infrastructure and supportive regulatory environment, positioning itself within the North American critical minerals supply chain.
Average Trading Volume: 53,266
Technical Sentiment Signal: Buy
Current Market Cap: C$15.44M
Find detailed analytics on NTX stock on TipRanks’ Stock Analysis page.