Yukon Metals Expands Private Placement to C$10 Million

JKS Resources, Inc. ( (TSE:YMC) ) has issued an announcement.

Yukon Metals Corp., a company listed on the Canadian Securities Exchange, has announced an increase in its private placement offering to approximately C$10 million. This move, facilitated by Cormark Securities Inc. and Canaccord Genuity Corp., involves the issuance of 18,181,818 units at C$0.55 per unit, with each unit comprising one common share and a warrant. The proceeds are intended for working capital and general corporate purposes, with the offering expected to close by April 9, 2025. This expansion in funding could enhance Yukon Metals’ operational capabilities and market positioning.

More about JKS Resources, Inc.

YTD Price Performance: 17.65%

Average Trading Volume: 80,336

Technical Sentiment Signal: Strong Sell

Current Market Cap: C$39.48M

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