Metallica Metals (TSE:QREE) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Quebec Rare Earth Elements Corp., previously known as Metallica Metals Corp., has successfully closed an oversubscribed private placement, raising $1,041,440 through the issuance of new common and flow-through shares. The proceeds from the flow-through shares will fund eligible Canadian exploration expenses, while the common shares’ proceeds will support general working capital. The offering included insider participation and utilized certain exemptions for related party transactions.
For further insights into TSE:QREE stock, check out TipRanks’ Stock Analysis page.