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Quri-Mayu Developments Completes Funding and Debt Settlement

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Quri-Mayu Developments Completes Funding and Debt Settlement

Quri-Mayu Developments Ltd. (TSE:QURI) has released an update.

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Quri-Mayu Developments Ltd. has successfully closed a private placement, raising $215,500 through the sale of 10,775,000 units, each comprising a common share and a warrant. Additionally, the company has completed debt settlement transactions, issuing 4,750,000 units to settle $95,000 of debt. The funds will be used for exploration on their AT property and working capital.

For further insights into TSE:QURI stock, check out TipRanks’ Stock Analysis page.

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