Rupert Resources ( (TSE:RUP) ) just unveiled an announcement.
Rupert Resources Ltd. has successfully closed a $28.451 million private placement, issuing over six million common shares, with Agnico Eagle Mines Limited maintaining a 14% interest. The funds will support ongoing exploration and studies in Finland. Additionally, Rupert Resources has strengthened its board by appointing Kim Hagberg and Joanna Pearson as independent non-executive directors, while Agnico Eagle has nominated Carol Plummer for election. These strategic appointments are expected to enhance the company’s expertise and support its future plans, particularly concerning the Ikkari project.
More about Rupert Resources
Rupert Resources Ltd. is a company operating in the mining industry, focusing on exploration and development of mineral properties. The company’s primary market focus is on its properties in Finland, where it conducts exploration and technical studies.
YTD Price Performance: -5.30%
Average Trading Volume: 78,891
Technical Sentiment Signal: Hold
Current Market Cap: C$936.7M
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