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Silver Eagle Mines Inc. ( (TSE:NOP) ) has provided an update.
Nevada Organic Phosphate Inc. has successfully closed a non-brokered private placement, raising $100,000 through the issuance of 2,500,000 units at $0.04 per unit. Each unit includes a common share and a warrant, with warrants allowing the purchase of additional shares at $0.08 within sixty months. The funds will be used for advancing the Murdock Property and general working capital, subject to regulatory and exchange approvals.
More about Silver Eagle Mines Inc.
Nevada Organic Phosphate Inc. is a company based in British Columbia that focuses on the exploration of organic, sedimentary raw rock phosphate in Nevada. The company operates within the mining industry and is listed on the Canadian Securities Exchange under the ticker NOP.
YTD Price Performance: 75.00%
Average Trading Volume: 41,700
Technical Sentiment Consensus Rating: Buy
For detailed information about NOP stock, go to TipRanks’ Stock Analysis page.