T2 Metals Corp to Fundraise for Exploration

Aguila American Gold (TSE:TWO) has released an update.

T2 Metals Corp has announced a private placement aiming to raise $512,400 through the sale of 1,830,000 flow-through units at $0.28 each, which includes a share and a half-warrant. The funds raised will be directed towards exploration activities of the company’s projects in Manitoba. The offering, which may pay finder’s fees and involves insider participation, is subject to a four-month hold and necessary regulatory approvals.

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