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Puma Exploration ( (TSE:PUMA) ) has issued an update.
Puma Exploration has successfully closed a non-brokered financing deal, raising $668,500 through the issuance of 6,685,000 flow-through units. The funds will be directed towards eligible Canadian exploration expenses and flow-through mining expenditures, specifically to advance the McKenzie Gold Project and other assets in northern New Brunswick. This strategic financial move aims to bolster the company’s exploration capabilities, potentially enhancing its market position and delivering value to stakeholders.
More about Puma Exploration
Puma Exploration Inc. is a company operating in the mining industry, focusing on exploration and development projects. The company’s primary activities include the acquisition and advancement of mining assets, particularly in gold exploration, with a focus on projects in northern New Brunswick, Canada.
YTD Price Performance: 0%
Average Trading Volume: 155,982
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$14.16M
See more data about PUMA stock on TipRanks’ Stock Analysis page.