Nine Mile Metals Revamps Private Placement Terms

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

Nine Mile Metals Ltd. has revised the terms of its private placement, now offering up to 5 million units at $0.05 each to raise up to $250,000 for operational expenses and working capital. The units include common shares and half-warrants, with full warrants allowing the purchase of additional shares at $0.08 for 24 months. Finders facilitating the placement may receive a commission in cash and warrants.

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