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Umdoni Exploration, Inc. ( (TSE:ZEUS) ) just unveiled an announcement.
Zeus North America Mining Corp. has announced a $1.5 million private placement to fund exploration programs in Idaho and Nevada, including its flagship Cuddy Mountain project. The placement, subject to regulatory approval, involves the sale of up to 10 million units, each comprising one common share and a warrant. This initiative aims to enhance Zeus’s exploration capabilities and strengthen its market position in the mineral exploration industry.
More about Umdoni Exploration, Inc.
Zeus North America Mining Corp. is engaged in mineral exploration, focusing on properties in Idaho, including Cuddy Mountain, Selway, and Great Western, covering approximately 4,200 acres. The company’s flagship project, Cuddy Mountain, is adjacent to Hercules Metal Corp’s Leviathan Copper Porphyry discovery. Zeus has also signed a letter of intent to option copper-gold properties in Nevada.
Average Trading Volume: 76,363
Technical Sentiment Signal: Sell
Current Market Cap: C$10.85M
See more insights into ZEUS stock on TipRanks’ Stock Analysis page.