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Badlands Resources Announces $2 Million Private Placement to Boost Exploration

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Badlands Resources Announces $2 Million Private Placement to Boost Exploration

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The latest announcement is out from Mineral Mountain Resources ( (TSE:BLDS) ).

Badlands Resources Inc., a company listed on the TSX Venture Exchange, has announced a non-brokered private placement aiming to raise up to $2,000,000 through the issuance of 13,333,334 units at $0.15 per unit. This initiative is intended to fund debt reduction, exploration activities, new property acquisitions, and general working capital, subject to regulatory approvals. The placement reflects the company’s strategic efforts to strengthen its financial position and expand its exploration capabilities.

More about Mineral Mountain Resources

Average Trading Volume: 19,452

Technical Sentiment Signal: Sell

Current Market Cap: C$2.49M

See more insights into BLDS stock on TipRanks’ Stock Analysis page.

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