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Taranis Resources ( (TSE:TRO) ) has provided an announcement.
Taranis Resources Inc. has successfully closed a private placement, raising $373,085 through the sale of 2,072,693 units, each comprising one common share and one purchase warrant. The funds will be allocated towards further exploration at the Thor property and for working capital, with insider participation constituting a related party transaction under TSX-V regulations.
More about Taranis Resources
Taranis Resources Inc. operates in the mining industry, focusing on exploration activities. The company is primarily involved in the development of its Thor property in southeastern British Columbia, which is a significant aspect of its market focus.
Average Trading Volume: 9,509
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$31.11M
See more insights into TRO stock on TipRanks’ Stock Analysis page.