Red Metal Resources Ltd. (TSE:RMES) has released an update.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Red Metal Resources Ltd. has successfully closed the first tranche of its non-brokered private placement, raising CDN$300,000 through flow-through units and an additional CDN$73,200 through non-flow-through units. The funds will be used for exploration activities in the Quebec region and general working capital needs. The offering is subject to regulatory approvals and a statutory hold period of four months and one day.
For further insights into TSE:RMES stock, check out TipRanks’ Stock Analysis page.