Quri-Mayu Developments Ltd. (TSE:QURI) has released an update.
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Quri-Mayu Developments Ltd. is launching a private placement of up to 17.5 million units, with each unit priced at $0.02, aiming to raise $350,000 for exploration and working capital needs. Alongside this, the company is settling debt through agreements to issue additional units. This initiative could attract accredited investors and boost the company’s financial stability.
For further insights into TSE:QURI stock, check out TipRanks’ Stock Analysis page.