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Group Ten Metals ( (TSE:PGE) ) has shared an update.
Stillwater Critical Minerals Corp. has announced an additional upsizing of its non-brokered private placement financing due to increased demand, raising an aggregate total of C$426,976.14. This follows a C$7 million brokered LIFE offering and includes participation from Glencore Canada Corporation, which intends to acquire 6,000,000 units. The proceeds will be used for exploration and advancement of the company’s projects in Montana and Yukon, as well as for general corporate purposes. The offerings are expected to close around August 12, 2025, pending regulatory approvals.
Spark’s Take on TSE:PGE Stock
According to Spark, TipRanks’ AI Analyst, TSE:PGE is a Neutral.
Group Ten Metals faces significant financial challenges with no revenue and sustained losses, heavily impacting its stock score. Despite this, technical indicators suggest bullish momentum, and corporate strategies align well with national policies, potentially supporting future growth if financial health improves.
To see Spark’s full report on TSE:PGE stock, click here.
More about Group Ten Metals
Stillwater Critical Minerals Corp. is a resource-stage mineral exploration company focused on the exploration and advancement of critical mineral projects. The company is primarily involved in the mining industry, with a focus on minerals such as nickel, platinum group elements (PGE), copper, cobalt, and gold. Its flagship project is the Stillwater West Ni-PGE-Cu-Co+Au project located in the Stillwater mining district in Montana, U.S., and it also has interests in the Kluane critical minerals project in Yukon, Canada.
Average Trading Volume: 440,747
Technical Sentiment Signal: Buy
Current Market Cap: C$60.61M
Learn more about PGE stock on TipRanks’ Stock Analysis page.