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Sulliden Mining Capital Announces Leadership Changes and Financing Plans

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Sulliden Mining Capital Announces Leadership Changes and Financing Plans

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The latest update is out from Sulliden Mng Cap ( (TSE:SMC) ).

Sulliden Mining Capital Inc. has announced significant changes in its management and board, appointing Fred Leigh as the new president and CEO following Scott Moore’s resignation. The company is also initiating private placement financings to raise up to $1.5 million, with plans to use the proceeds for corporate purposes and exploration expenditures. Additionally, Sulliden has scheduled its annual general and special meeting for June 30, 2025, after a strategic review process, aiming to engage shareholders on the company’s future direction.

More about Sulliden Mng Cap

Sulliden Mining Capital Inc. is a mining company focused on acquiring and advancing brownfield, development-stage, and early production-stage mining projects across the Americas, Australia, and Africa.

YTD Price Performance: -50.0%

Average Trading Volume: 54,261

Technical Sentiment Signal: Buy

Current Market Cap: C$1.31M

See more data about SMC stock on TipRanks’ Stock Analysis page.

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