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An announcement from Slam Exploration ( (TSE:SXL) ) is now available.
SLAM Exploration Ltd. has announced a non-brokered private placement aiming to raise up to $1,000,000 through the issuance of 2,500,000 units. The funds will be allocated towards Canadian Exploration Expenses on its New Brunswick properties and general corporate purposes. This move is expected to enhance SLAM’s exploration activities and strengthen its market position in the mineral-rich province of New Brunswick.
More about Slam Exploration
SLAM Exploration Ltd. is a publicly listed resource company with a 40,000-hectare portfolio of mineral claim holdings in New Brunswick. The company focuses on copper, nickel, and cobalt exploration, with significant findings reported in the Bathurst Mining Camp. SLAM is also engaged in gold exploration, having made new discoveries on its Jake Lee claims.
Average Trading Volume: 210,777
Technical Sentiment Signal: Buy
Current Market Cap: C$8.29M
Find detailed analytics on SXL stock on TipRanks’ Stock Analysis page.