Imperial Mining Group Ltd. Class A (TSE:SCD) has released an update.
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Scandium Canada Ltd. has successfully completed the initial tranche of its private placement, securing $500,000 through the issuance of 10 million units at $0.05 each. These units include flow-through shares and half warrants, with a 24-month exercise period for purchasing additional shares at $0.10. The funds raised will primarily support the 2024 diamond drilling program at the Crater Lake project.
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