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Total Metals ( (TSE:TT) ) has issued an announcement.
Total Metals Corp. has successfully closed the first tranche of its non-brokered private placement financing, raising over C$5.2 million through the issuance of Critical Minerals Flow-Through Units and National Flow-Through Units. The proceeds will be used for eligible mining expenditures and to advance the company’s Electrolode, High Lake, and West Hawk Lake projects, enhancing its exploration capabilities and positioning in the mining industry.
More about Total Metals
Total Metals Corp. is a mining company focused on its 100% owned 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, strategically located along the Trans-Canada Highway, with significant exploration potential.
YTD Price Performance: 256.67%
Average Trading Volume: 113,782
Technical Sentiment Signal: Buy
Current Market Cap: C$26.47M
Find detailed analytics on TT stock on TipRanks’ Stock Analysis page.