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Silver Eagle Mines Inc. ( (TSE:NOP) ) has shared an announcement.
Nevada Organic Phosphate Inc. has successfully closed the final tranche of its non-brokered private placement, raising a total of $2,313,136. The funds will be used for a phase one drill program at the Murdock Property and for general working capital, potentially enhancing the company’s operational capabilities and market positioning.
More about Silver Eagle Mines Inc.
Nevada Organic Phosphate Inc. is a junior exploration company specializing in organic sedimentary phosphate exploration. It operates a significant phosphate bed in northeast Nevada, believed to be the only large-scale project of its kind in North America, with potential extensions of the phosphate strike.
Average Trading Volume: 237,570
Technical Sentiment Signal: Buy
Current Market Cap: C$6.69M
For a thorough assessment of NOP stock, go to TipRanks’ Stock Analysis page.