Sun Summit Minerals Corp. (TSE:SMN) has released an update.
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Sun Summit Minerals Corp. has successfully completed a $2.5 million non-brokered private placement, issuing 25 million units at $0.10 each to fund their British Columbia mineral property interests and general capital needs. Insider participation included significant investments by company executives and a major shareholder, with all transactions complying with regulatory exemptions. The placement awaits final TSX Venture Exchange approval and the new securities will be on hold until August 26, 2024.
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