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Trench Solutions ( (TSE:PAT) ) just unveiled an update.
Patterson Metals Corp. has closed its non-brokered private placement, issuing 1,155,556 units for gross proceeds of $312,000. Each unit includes one common share and a warrant to purchase an additional share. The offering was conducted under the Listed Issuer Financing Exemption, with no resale restrictions and no finders’ fees or commissions applied. This move strengthens Patterson Metals’ financial position, potentially enhancing its operational capabilities and market presence in the mineral exploration sector.
More about Trench Solutions
Patterson Metals Corp. is a mineral exploration company focused on uranium. The company aims to create shareholder value by advancing projects from discovery to production, employing a vertically integrated strategy throughout the mining process.
Average Trading Volume: 14,108
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$2.67M
For an in-depth examination of PAT stock, go to TipRanks’ Overview page.