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1111 Exploration Corp ( (TSE:TMIN) ) has provided an announcement.
Teako Minerals Corp has announced a non-brokered private placement to raise up to $400,000 through the issuance of common shares, with insider commitments totaling C$200,000. The funds will be used for exploration activities and general working capital, supporting the company’s strategic objectives. The company is also advancing its Norwegian field program, with ongoing mapping and prospecting at the Venna and Dragset-Halsetasen projects, and planning a scout drilling program at the Fjellslett VMS target. These efforts are aimed at expanding their resource base and enhancing their market position in the mineral exploration industry.
More about 1111 Exploration Corp
Teako Minerals Corp is a company engaged in the exploration and development of mineral resources. The company focuses on projects involving copper, cobalt, and zinc, particularly in Norway, where it holds interests in several properties.
Average Trading Volume: 122,556
Technical Sentiment Signal: Buy
Current Market Cap: C$5.76M
See more data about TMIN stock on TipRanks’ Stock Analysis page.