Sonoran Desert Copper Secures $1M in Funding

Prime Meridian Resources (TSE:SDCU) has released an update.

Sonoran Desert Copper Corporation has initiated the final steps to secure a $1 million private placement, issuing over 10 million units that include shares and warrants. The funds raised will be allocated to various operational needs including project payments, work programs, and administrative expenses. The private placement includes significant insider participation, adhering to regulatory exemptions for related party transactions.

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