Rafaella Resources Ltd. (AU:PVT) has released an update.
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Pivotal Metals Limited has announced a successful $3.0 million capital raise to accelerate the development of its Horden Lake and Belleterre-Angliers (BAGB) copper projects in Quebec. The funding includes a significant portion through Canadian flow-through shares (FTS) issued at a 90% premium, leveraging tax incentives to finance exploration without dilution risk. The raise will fund metallurgical testwork, resource updates, and further exploration with the aim of increasing resources and de-risking project development.
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