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Troy Minerals Secures $420k in Private Placement

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Troy Minerals Secures $420k in Private Placement

Troy Minerals, Inc. (TSE:TROY) has released an update.

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Troy Minerals Inc. has successfully completed the initial phase of its private placement fundraising, securing $420,000 through the sale of flow-through units. This financial move bolsters the company’s capital, with each unit consisting of one common share and a half-warrant, which allows additional share purchase at a set price for two years.

For further insights into TSE:TROY stock, check out TipRanks’ Stock Analysis page.

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