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ProAm Explorations ( (TSE:PMX) ) has shared an update.
ProAm Explorations Corporation has announced a private placement financing of up to $210,000 through the issuance of 6,000,000 units at $0.035 per unit. Each unit includes one share and a warrant exercisable at $0.05 for five years. The funds will be used for general working capital and potential new acquisitions or options, potentially impacting the company’s operational capacity and market positioning.
More about ProAm Explorations
ProAm Explorations Corporation operates in the exploration industry, focusing on the acquisition and development of natural resource properties. The company is involved in petroleum exploration through its subsidiaries, Osec Petroleum Inc. and Osec Petroleum Canada Limited.
YTD Price Performance: 16.67%
Average Trading Volume: 8,000
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$311K
See more data about PMX stock on TipRanks’ Stock Analysis page.