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An update from Total Metals ( (TSE:TT) ) is now available.
Total Metals Corp. has successfully closed the first tranche of its non-brokered private placement financing, raising over C$9 million. The proceeds will be used to advance exploration and development activities on the Electrolode Project and other gold projects, as well as for general corporate purposes. This financing is expected to bolster the company’s exploration efforts and enhance its positioning in the mineral exploration industry.
More about Total Metals
Total Metals Corp. is engaged in the acquisition, exploration, and development of mineral properties in the Red Lake mining district of Northern Ontario, Canada. The company owns the Electrolode Project, which spans 3,000 hectares and is strategically located near major mines. The project is fully permitted for exploration drilling and targets high-potential mineral resources.
Average Trading Volume: 169,095
Technical Sentiment Signal: Hold
Current Market Cap: C$34.14M
See more insights into TT stock on TipRanks’ Stock Analysis page.