Sunstone Metals Limited (AU:STM) has released an update.
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Sunstone Metals Limited has launched a $2 million Share Purchase Plan (SPP) to finance the development of its Ecuadorian mining projects and to accelerate exploration through potential partnerships. Shareholders participating in the SPP will receive one free option for every two shares purchased. The funds raised will contribute to resource estimates at the El Palmar and Limon projects, with a focus on copper, gold, and silver.
For further insights into AU:STM stock, check out TipRanks’ Stock Analysis page.