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Phenom Resources Closes $1.985M Over-Subscribed Financing

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Phenom Resources Closes $1.985M Over-Subscribed Financing

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The latest update is out from Phenom Resources Corp ( (TSE:PHNM) ).

Phenom Resources Corp. has successfully closed its over-subscribed private placement financing, raising a total of $1,985,000 through the issuance of 7,940,000 Units. This financing round, which included participation from a company director, strengthens Phenom’s financial position and supports its ongoing exploration and development efforts in the mining sector.

More about Phenom Resources Corp

Phenom Resources Corp. operates in the mining industry, focusing on resource exploration and development. The company is listed on the TSX Venture Exchange and engages in activities related to mineral resources.

YTD Price Performance: -16.13%

Average Trading Volume: 76,740

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$29.14M

See more insights into PHNM stock on TipRanks’ Stock Analysis page.

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