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The latest announcement is out from Saga Metals Corp. ( (TSE:SAGA) ).
Saga Metals Corp. has announced a brokered private placement offering with Red Cloud Securities Inc., aiming to raise between C$3 million and C$5 million. The proceeds will be used for exploration activities in Labrador, Canada, including the Radar Project, and for general corporate purposes. The offering includes units, flow-through units, and charity flow-through units, with the securities expected to be freely tradeable in Canada and potentially in offshore jurisdictions and the United States.
More about Saga Metals Corp.
Saga Metals Corp. is a North American exploration company focused on advancing critical mineral discoveries. The company is involved in exploring properties in Labrador, Canada, with a particular focus on critical minerals.
Average Trading Volume: 133,650
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$27.37M
For an in-depth examination of SAGA stock, go to TipRanks’ Overview page.