Tinka Resources (TSE:TK) has released an update.
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Tinka Resources has announced the closure of the first tranche of its private placement, raising C$1.74 million with significant participation from major shareholders Nexa Resources and Buenaventura. Both companies increased their stakes in Tinka to 19.9%, showcasing strong insider confidence and strategic support for the company’s ongoing projects. The funds will be used for drilling and exploration activities at Tinka’s Ayawilca and Silvia properties.
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