The latest announcement is out from Sokoman Minerals Corp ( (TSE:SIC) ).
Sokoman Minerals Corp has successfully closed its non-brokered flow-through and non-flow-through private placement financing, securing aggregate gross proceeds of $1,706,250. This financing includes the issuance of flow-through shares that offer tax benefits and non-flow-through shares. The transaction involved a related party and Sokoman took advantage of certain exemptions under MI 61-101. The company has also issued broker warrants and common shares to finders. The completion of this financing strengthens Sokoman’s financial position, potentially enhancing its exploration activities and increasing its market presence.
More about Sokoman Minerals Corp
Sokoman Minerals Corp is a company in the mining industry, focusing on mineral exploration and development, particularly in gold and other precious metals. The company operates primarily in Canada and is listed on the TSX Venture Exchange and OTCQB.
YTD Price Performance: 37.50%
Average Trading Volume: 313,044
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$17.86M
Learn more about SIC stock on TipRanks’ Stock Analysis page.