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Quri-Mayu Developments Announces $2 Million Private Placement

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Quri-Mayu Developments Announces $2 Million Private Placement

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An announcement from Quri-Mayu Developments Ltd. ( (TSE:QURI) ) is now available.

Quri-Mayu Developments Ltd. announced a non-brokered private placement to raise up to $2,000,000 through the issuance of 40,000,000 units, each consisting of one common share and one-half of a common share purchase warrant. The proceeds will be used for exploration and advancement of the company’s property and working capital. The offering is subject to customary closing conditions and TSX Venture Exchange approval, with securities issued subject to a statutory hold period.

More about Quri-Mayu Developments Ltd.

Quri-Mayu Developments Ltd. is a resource exploration company focused on acquiring and exploring mineral properties. It is a reporting issuer in the province of British Columbia.

Average Trading Volume: 547,017

Technical Sentiment Signal: Buy

See more data about QURI stock on TipRanks’ Stock Analysis page.

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