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Scotch Creek Ventures, Inc. ( (TSE:SCV) ) has provided an announcement.
Scotch Creek Ventures Inc. has completed the second and final tranche of its private placement financing, raising $66,800 through the issuance of 1,670,000 units. This is part of a larger private placement effort totaling up to 6,000,000 units for $240,000. The funds will be used to retire corporate debt and for working capital, potentially strengthening the company’s financial position and operational capabilities in the lithium exploration sector.
More about Scotch Creek Ventures, Inc.
Scotch Creek Ventures Inc. is a mineral exploration company focused on acquiring, exploring, and developing lithium projects in tier-one North American mining jurisdictions. The company aims to become a leading lithium exploration entity in the promising Clayton Valley, Nevada.
Average Trading Volume: 13,290
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$592.9K
For an in-depth examination of SCV stock, go to TipRanks’ Stock Analysis page.