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The latest update is out from Vatic Ventures ( (TSE:VCV) ).
Vatic Ventures Corp. has successfully closed the first tranche of its private placement financing, raising $173,705 through the issuance of common shares and warrants. The proceeds will be used for general working capital, and the company has also settled $16,839 in debt by issuing shares to a creditor. This financing and debt settlement are expected to support Vatic’s ongoing operations and strategic focus on mineral exploration.
More about Vatic Ventures
Vatic Ventures Corp. is a mineral exploration and development company focused on acquiring and developing high-value properties. The company has options to acquire a 100% interest in the Solonópole South Lithium Property in Brazil and an 80% interest in the Opuwo Copper Property in Namibia.
YTD Price Performance: -25.00%
Average Trading Volume: 5,045
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $863.2K
For an in-depth examination of VCV stock, go to TipRanks’ Stock Analysis page.