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Total Metals ( (TSE:TT) ) has provided an update.
Total Metals Corp. has successfully closed the first tranche of its non-brokered private placement financing, raising C$2.71 million. The funds will be used to advance the company’s Electrolode, High Lake, and West Hawk Lake projects, as well as for general corporate purposes. This financing strengthens Total Metals’ position in the mineral exploration industry, potentially enhancing its project development and exploration capabilities.
More about Total Metals
Total Metals Corp. is a company focused on mineral exploration, owning 100% of the Electrolode project, which spans 3,000 hectares and targets high-potential mineral resources near major mines in the Red Lake Gold camp. The company also owns the High Lake and West Hawk Lake projects, with significant exploration potential, located along the Trans-Canada Highway at the Manitoba/Ontario border.
Average Trading Volume: 120,848
Technical Sentiment Signal: Hold
Current Market Cap: C$29.69M
See more data about TT stock on TipRanks’ Stock Analysis page.