Norsemont Capital (TSE:NOM) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Norsemont Mining Inc. has successfully closed a $3 million private placement of convertible debentures with strategic investors, offering an 8% annual interest rate. These debentures can be converted into company shares and warrants, providing flexibility and potential future value to investors. The funds raised will be used for corporate obligations and advancing the Choquelimpie project.
For further insights into TSE:NOM stock, check out TipRanks’ Stock Analysis page.