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Cashbox Ventures Ltd ( (TSE:VLTA) ) has issued an update.
Volta Metals Ltd. has renamed its main project to the ‘Aki Project’ to honor the Anishinaabe people’s connection to the land. The project consolidates Falcon West, Crescent, and ZigZag projects, covering 66 km² with significant mineral potential. The company is preparing to drill the high-grade Dempster East pegmatite as part of its next exploration campaign. Additionally, Volta is launching a private placement financing to raise up to $1,000,000, offering units composed of common shares and warrants, indicating a strategic move to fund its exploration initiatives.
More about Cashbox Ventures Ltd
Volta Metals Ltd. operates in the mining industry, focusing on the exploration and development of mineral resources, particularly high-grade lithium, tantalum, cesium, and gallium. The company is actively involved in projects in Ontario, Canada, aiming to leverage its expertise in discovering and developing valuable mineral deposits.
YTD Price Performance: 16.67%
Average Trading Volume: 172,663
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$2.2M
See more data about VLTA stock on TipRanks’ Stock Analysis page.