1111 Exploration Corp (TSE:TMIN) has released an update.
Teako Minerals Corp has successfully completed the final tranche of its oversubscribed private placement, raising a total of $964,070 without paying finder’s fees. The largest shareholder, Fruchtexpress Grabher GmbH & Co KG, participated in the offering, supporting the company’s exploration plans in Norway and Finland. Proceeds are earmarked for mineral exploration and general working capital, with a statutory hold period applied to the newly issued shares.
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