Tower Resources (TSE:TWR) has released an update.
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Tower Resources has successfully closed a private placement, raising $800,000 through the issuance of flow-through units at $0.15 each. The funds will be used for Canadian Exploration Expenses to advance their mineral projects in British Columbia. The offering included a finder’s fee and warrants, with all securities subject to a hold period until April 2025.
For further insights into TSE:TWR stock, check out TipRanks’ Stock Analysis page.