Pacific Bay Minerals (TSE:PBM) has released an update.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Pacific Bay Minerals Ltd. has announced an increase in its private placement financing to a total of $350,000, which is aimed at funding the acquisition and development of its critical mineral exploration projects in British Columbia. The funding is divided into $150,000 of non-flow-through units and $200,000 of flow-through units, with each unit including share purchase warrants. The proceeds from the flow-through units will be used for exploration expenses and will qualify as Canadian exploration expenses and critical mineral flow-through mining expenditures.
For further insights into TSE:PBM stock, check out TipRanks’ Stock Analysis page.