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WildSky Resources Inc ( (TSE:WSK) ) has shared an update.
Wildsky Resources Inc. has successfully completed a non-brokered private placement, raising $1.5 million through the issuance of 15 million units at $0.10 per unit. The funds will be allocated towards project evaluation, corporate expenses, and working capital. The placement involved insider participation, constituting a related party transaction under MI 61-101, but exemptions were applied due to the transaction’s limited impact on market capitalization. This strategic financial move is expected to bolster Wildsky’s operational capabilities and support its ongoing exploration and development initiatives.
More about WildSky Resources Inc
Wildsky Resources Inc. is a Canadian exploration and development company headquartered in Vancouver, B.C. The company focuses on creating shareholder value by exploring and developing its properties in Nigeria and seeking new acquisitions through international connections.
Average Trading Volume: 11,587
Technical Sentiment Signal: Buy
Current Market Cap: C$6.99M
Find detailed analytics on WSK stock on TipRanks’ Stock Analysis page.