New Energy Metals (TSE:ENRG) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
New Energy Metals Corp. has initiated a non-brokered private placement to raise $1 million from strategic investors, with the potential to increase proceeds to $1.2 million. Each unit in the offering includes common shares and warrants, with proceeds earmarked for corporate expenses and working capital. The offering is contingent upon approval from the TSX Venture Exchange.
For further insights into TSE:ENRG stock, check out TipRanks’ Stock Analysis page.