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Sendero Resources Corp. ( (TSE:SEND) ) just unveiled an announcement.
Sendero Resources Corp. has successfully allocated its ‘best-efforts’ marketed private placement offering of 4,220,000 common shares, raising gross proceeds of C$4,009,000. The funds will be used for exploration at the Peñas Negras project and general corporate purposes, with the offering expected to close by December 3, 2025, pending regulatory approvals.
More about Sendero Resources Corp.
Sendero Resources Corp. is a company focused on copper-gold exploration at its 100% owned Peñas Negras Project in the Vicuña Belt in Argentina. The project area is strategically located near other significant mining operations and exploration projects, and the company holds an option to earn a 100% interest in additional mining concessions.
Average Trading Volume: 54,123
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$17.84M
For a thorough assessment of SEND stock, go to TipRanks’ Stock Analysis page.