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Sterling Metals ( (TSE:SAG) ) has issued an update.
Sterling Metals Corp. has announced an increase in its non-brokered private placement to 6,400,000 units, aiming to raise up to $1,600,000. The proceeds will be used for general working capital, and the offering is subject to regulatory approvals, highlighting Sterling’s strategic financial maneuvers to strengthen its operational capabilities.
More about Sterling Metals
Sterling Metals Corp. is a mineral exploration company focused on large-scale and high-grade Canadian exploration opportunities. The company is advancing the Copper Road Project in Ontario and the Adeline Project in Labrador, both of which have demonstrated potential for significant copper discoveries.
YTD Price Performance: -19.73%
Average Trading Volume: 29,756
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$5.96M
For detailed information about SAG stock, go to TipRanks’ Stock Analysis page.