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Valleyview Resources Closes $15.4M Private Placement

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Valleyview Resources Ltd. (TSE:VVR) has released an update.

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Valleyview Resources Ltd. has successfully closed a private placement raising approximately C$15.4 million by issuing over 51 million subscription receipts at $0.30 each. This funding is part of Valleyview’s strategic move to acquire Shift Rare Metals Inc., positioning the company for potential growth in the rare metals sector.

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

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