Rupert Resources Secures $6.4 Million in Private Sale

Rupert Resources (TSE:RUP) has released an update.

Rupert Resources Ltd. has successfully completed a private placement, raising $6.4 million through the sale of nearly 1.8 million shares. The funds are earmarked for exploration, studies, and general corporate activities on the company’s Finnish properties. The transaction is pending final approval from the Toronto Stock Exchange.

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