Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
The latest announcement is out from 1111 Exploration Corp ( (TSE:TMIN) ).
Teako Minerals Corp. plans to close the second and final tranche of its previously announced non-brokered private placement by April 17, 2026, raising approximately C$736,230 through the issuance of 12,270,501 common shares, subject to customary Canadian Securities Exchange approvals and a standard hold period on the new shares. The company intends to deploy the proceeds toward exploration activities and general working capital to support its strategy of securing additional project deals and potential revenue-generating third-party work, which could strengthen its self-funded exploration model, diversify cash flow sources and reduce overall risk exposure for stakeholders.
More about 1111 Exploration Corp
Teako Minerals Corp. is a Vancouver-based mineral exploration company focused on acquiring, exploring and developing mineral properties in Norway, with an emphasis on critical metals such as copper, cobalt, zinc and molybdenum. Its Project Hub, anchored by the Løkken and Venna projects, spans a large land package prospective for a range of metals including gold, PGEs, uranium, antimony and rare earth elements, while the company also holds minority economic interests in additional REE and base and precious metal projects through partners Fritzøe Skoger AS and Nordic Minerals AS.
Average Trading Volume: 42,402
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$5.11M
Find detailed analytics on TMIN stock on TipRanks’ Stock Analysis page.