An announcement from Scotch Creek Ventures, Inc. ( (TSE:SCV) ) is now available.
Scotch Creek Ventures Inc. has announced a private placement financing initiative to raise up to $240,000 through the issuance of 6,000,000 units. Each unit comprises one common share and a half share purchase warrant, allowing the purchase of additional shares at a specified price within eighteen months. The funds raised will be used to retire corporate debt and support working capital needs, potentially strengthening the company’s financial position and enhancing its operational capabilities in the lithium exploration sector.
More about Scotch Creek Ventures, Inc.
Scotch Creek Ventures Inc. is a mineral exploration company focused on the acquisition, exploration, and development of lithium projects. The company is strategically positioned in tier-one North American mining jurisdictions, with a specific focus on the Clayton Valley in Nevada, which is one of the most promising lithium districts worldwide.
YTD Price Performance: -20.0%
Average Trading Volume: 19,954
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$474.3K
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