tiprankstipranks
Company Announcements

Vortex Metals Extends Private Placement and Engages Market-Makers

Story Highlights
Vortex Metals Extends Private Placement and Engages Market-Makers

Discover the Best Stocks and Maximize Your Portfolio:

The latest announcement is out from Vortex Metals Inc ( (TSE:VMS) ).

Vortex Metals Inc. announced an extension granted by the TSX Venture Exchange to complete the second tranche of its non-brokered private placement by February 26, 2025. The proceeds will be used for exploration at the Illapel Copper Project in Chile and general working capital. Additionally, Vortex has engaged Independent Trading Group for market-making services, enhancing its market presence.

More about Vortex Metals Inc

Vortex Metals Inc. is a copper-focused exploration and development company with projects in Chile and Mexico. They hold an option to acquire up to 80% interest in the Illapel Copper Project in Chile and own 100% interest in two copper-gold VMS properties in Oaxaca, Mexico. The company prioritizes responsible exploration, community engagement, and environmental stewardship.

YTD Price Performance: -10.96%

Average Trading Volume: 39,106

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$5.24M

Find detailed analytics on VMS stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1