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37 Capital ( (TSE:JJJ) ) has shared an announcement.
37 Capital Inc. has successfully closed the first tranche of its equity financing, raising gross proceeds of $68,750 through the issuance of 550,000 units priced at $0.125 each. Each unit includes one common share and a warrant to purchase an additional share at $0.15 within three years. The funds will be used for general working capital, and the issued securities are subject to a hold period until February 17, 2026. This financing move positions 37 Capital to bolster its financial resources, potentially enhancing its operational capabilities and market presence.
More about 37 Capital
37 Capital Inc. operates within the mining industry, focusing on the exploration and development of mineral properties. The company is publicly traded on the Canadian Securities Exchange under the symbol JJJ.
Average Trading Volume: 177,886
Technical Sentiment Signal: Buy
Current Market Cap: C$2.91M
For a thorough assessment of JJJ stock, go to TipRanks’ Stock Analysis page.