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An update from Tsodilo Resources ( (TSE:TSD) ) is now available.
Tsodilo Resources Limited has successfully closed a non-brokered private placement financing, raising C$310,317 through the issuance of 2,067,581 units at C$0.15 per unit. The proceeds will be used to advance the Xaudum Iron Formation project, Critical and Rare Earth Metals projects, and for general corporate purposes. This financing is expected to support Tsodilo’s ongoing exploration efforts and enhance its position in the resource exploration industry.
More about Tsodilo Resources
Tsodilo Resources Limited is an international resource exploration company focused on discovering economic metal deposits through its Gcwihaba Resources projects in Botswana. The company holds a 100% interest in the Gcwihaba project area, which includes five prospecting licenses for base, precious, platinum group, and rare earth metals in Botswana’s North-West district.
Average Trading Volume: 26,746
Technical Sentiment Signal: Sell
Current Market Cap: C$8.26M
For detailed information about TSD stock, go to TipRanks’ Stock Analysis page.