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Playfair Mining ( (TSE:PLY) ) just unveiled an announcement.
Playfair Mining Ltd. announced a non-brokered private placement to raise up to $250,000 through the issuance of 10 million common shares at $0.025 each. The funds will be used primarily for a payment under a previous option agreement and for general working capital, with none allocated to non-arm’s length parties or investor relations activities. The offering is subject to regulatory approval and is expected to close by March 14, 2025.
More about Playfair Mining
Playfair Mining Ltd. operates in the mining industry and is focused on mineral exploration and development. The company is involved in identifying and acquiring mineral-rich properties for future development.
YTD Price Performance: 33.33%
Average Trading Volume: 140,744
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$2.61M
For an in-depth examination of PLY stock, go to TipRanks’ Stock Analysis page.