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Rumble Resources, Inc. ( (TSE:RB) ) just unveiled an announcement.
Rumble Resources Inc. has successfully completed a $525,000 non-brokered private placement, issuing 7,000,000 units at $0.075 per unit. The funds will be used for the acquisition and exploration of the Wilmac Copper-Gold Project, applying for a U.S. market listing, and general working capital. Additionally, Rumble has issued 1,000,000 units under its option agreement for the Wilmac Project, which is located near the Copper Mountain Mine in British Columbia. This strategic move positions Rumble to enhance its exploration capabilities and potentially increase its stake in the Wilmac Project, thereby strengthening its presence in the mineral resource industry.
More about Rumble Resources, Inc.
Rumble Resources Inc. is engaged in the identification, acquisition, exploration, and development of mineral resource projects. The company holds an exclusive option to acquire a 100% interest in the Woolford Creek claims in British Columbia, Canada.
Average Trading Volume: 8,892
Technical Sentiment Signal: Strong Buy
Learn more about RB stock on TipRanks’ Stock Analysis page.