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Sokoman Minerals Closes $1.7M Private Placement Financing

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Sokoman Minerals Closes $1.7M Private Placement Financing

Sokoman Minerals Corp ( (TSE:SIC) ) has issued an update.

Sokoman Minerals Corp. has successfully closed its non-brokered flow-through and non-flow-through private placement financing, raising total aggregate gross proceeds of $1,706,250. The financing involved the issuance of flow-through shares and non-flow-through common shares, with participation from insiders and the payment of finders’ fees and broker warrants, highlighting the company’s strategic financial maneuvers to support its exploration activities.

More about Sokoman Minerals Corp

Sokoman Minerals Corp. operates in the mining industry, focusing primarily on mineral exploration. The company is involved in identifying and developing mineral properties with a market focus on resources like gold and other valuable minerals, particularly in Canada.

YTD Price Performance: 37.50%

Average Trading Volume: 313,044

Technical Sentiment Consensus Rating: Hold

Current Market Cap: C$17.86M

For an in-depth examination of SIC stock, go to TipRanks’ Stock Analysis page.

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