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Essex Minerals ( (TSE:OPTG) ) just unveiled an announcement.
Optegra Ventures Inc. has closed a non-brokered private placement of 10 million units at $0.075 per unit, raising gross proceeds of $750,000. Each unit comprises one common share and one-half common share purchase warrant, with each full warrant exercisable at $0.10 for five years, and the company intends to use the net proceeds primarily for working capital and debt repayment, a move that modestly strengthens its balance sheet and liquidity position for ongoing operations.
More about Essex Minerals
Optegra Ventures Inc. (TSXV: OPTG) is a Vancouver-based company listed on the TSX Venture Exchange, active in venture-stage investments and corporate development, with a focus on deploying capital into its operations and managing its capital structure through equity financings.
Average Trading Volume: 3,270
Technical Sentiment Signal: Sell
Current Market Cap: C$187.4K
See more data about OPTG stock on TipRanks’ Stock Analysis page.