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Scotch Creek Ventures Completes First Tranche of Private Placement

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Scotch Creek Ventures Completes First Tranche of Private Placement

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An announcement from Scotch Creek Ventures, Inc. ( (TSE:SCV) ) is now available.

Scotch Creek Ventures Inc. announced the closure of the first tranche of its private placement financing, issuing 4,330,000 units at $0.04 per unit, raising $173,200. The funds will be used to retire corporate debt and for working capital, potentially strengthening the company’s financial position and supporting its lithium exploration initiatives.

More about Scotch Creek Ventures, Inc.

Scotch Creek Ventures is a mineral exploration company focused on acquiring, exploring, and developing lithium projects in tier-one North American mining jurisdictions. The company aims to establish itself as a leading lithium exploration entity in the Clayton Valley, Nevada, one of the world’s most promising lithium districts.

YTD Price Performance: 10.0%

Average Trading Volume: 13,349

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$652.1K

See more insights into SCV stock on TipRanks’ Stock Analysis page.

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