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Tocvan Ventures Corp. ( (TSE:TOC) ) has shared an announcement.
Tocvan Ventures Corp. has successfully closed an oversubscribed private placement, raising a total of $3.15 million. The funds will be used to advance their Gran Pilar Au-Ag project in Sonora, Mexico, including resource estimation and test mining. The company is awaiting results from recent drilling activities, which are expected to provide insights into the resource potential of their expansion area.
More about Tocvan Ventures Corp.
Tocvan Ventures Corp. is a company operating in the mining industry, focusing on gold and silver exploration. It is actively engaged in advancing its projects in the mine-friendly region of Sonora, Mexico, with a particular emphasis on resource estimation and discovery potential.
YTD Price Performance: -5.88%
Average Trading Volume: 20,388
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$27.24M
Find detailed analytics on TOC stock on TipRanks’ Stock Analysis page.