Imperial Mining Group Ltd. Class A (TSE:SCD) has released an update.
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Scandium Canada Ltd. successfully closed its rights offering, raising $1,000,000 by issuing over 30 million units, which will fund various company projects, including metallurgical tests and environmental studies. The offering included common shares and warrants, with insiders acquiring a significant portion without becoming new insiders, and standby purchasers receiving bonus warrants as part of their commitment.
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