Western Alaska Minerals Corp ( (TSE:WAM) ) has issued an update.
Western Alaska Minerals Corp announced its intention to complete an unsecured loan transaction worth up to C$1,726,920, with a maturity of 15 months and an interest rate of 10% per annum. The proceeds will be used for filing a US registration statement, applying for trading on the OTCQX/QB Capital Markets, and general corporate purposes, potentially impacting the company’s financial positioning and market presence.
More about Western Alaska Minerals Corp
Western Alaska Minerals Corp is focused on advancing North America’s next major silver and critical minerals district at the Illinois Creek CRD, which hosts two stand-alone deposits. The company is headquartered in both Alaska and Arizona and employs innovative techniques and technology in mineral exploration.
YTD Price Performance: 16.00%
Average Trading Volume: 32,968
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$24.6M
Find detailed analytics on WAM stock on TipRanks’ Stock Analysis page.