tiprankstipranks
Company Announcements

Playfair Mining Announces $250,000 Private Placement

Story Highlights
Playfair Mining Announces $250,000 Private Placement

Discover the Best Stocks and Maximize Your Portfolio:

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.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1