Stillwater Critical Minerals Secures Glencore Backing

Group Ten Metals (TSE:PGE) has released an update.

Stillwater Critical Minerals has launched a non-brokered private placement aiming to raise $2.5 million, with a significant $2.1 million lead order from Glencore. The funds will support exploration and development of North American nickel projects, including Stillwater’s flagship project, which boasts the largest nickel resource in an active US mining district. The placement includes common shares and warrants, which could provide additional funding if exercised.

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