Nine Mile Metals Raises Funds for Exploration

Nine Mile Metals Ltd. (TSE:NINE) has released an update.

Nine Mile Metals Ltd. has successfully completed a private placement, raising $493,875 through the sale of over 4.6 million units, comprised of both flow-through and non-flow-through units. The proceeds will fund exploration activities on its Wedge and California Lake properties and provide general working capital. The company specializes in the exploration of VMS projects, aiming to capitalize on the demand for minerals essential for EV and green technologies.

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