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Patterson Metals Corp. Announces $1 Million Private Placement

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Trench Solutions ( (TSE:PAT) ) has shared an announcement.

Patterson Metals Corp. has announced a non-brokered private placement offering of up to 3,703,704 units at $0.27 per unit, aiming to raise $1,000,000. Each unit includes one common share and a warrant to purchase an additional share at $0.36 within thirty-six months. The offering is subject to TSX Venture Exchange approval and includes a statutory hold period. This move is intended to support the company’s ongoing mineral exploration activities and enhance its market position in the uranium sector.

More about Trench Solutions

Patterson Metals Corp. is a mineral exploration company focusing on uranium. The company aims to create shareholder value by engaging in promising mineral exploration opportunities and advancing projects from discovery to production, employing a vertically integrated strategy to maximize value throughout the mining process.

YTD Price Performance: -35.71%

Average Trading Volume: 9,641

Technical Sentiment Signal: Buy

Current Market Cap: C$1.96M

See more data about PAT stock on TipRanks’ Stock Analysis page.

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