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An update from Clarity Gold ( (TSE:CMET) ) is now available.
Clarity Metals Corp. has announced a non-brokered private placement aiming to raise up to $1,725,000 through the sale of non-flow through and flow through units. The proceeds will be used for exploration of the Fecteau Gold Project in Quebec, marketing, and general working capital. This move is expected to bolster Clarity’s exploration efforts and enhance its market position in the mineral exploration industry. The offering is subject to regulatory approvals, and any insider participation will be considered a related party transaction but is exempt from certain formal requirements.
More about Clarity Gold
Clarity Metals Corp. is a Canadian mineral exploration project generator company focused on the acquisition, exploration, and development of precious and base metals projects. The company operates globally, targeting countries with established legal and regulatory systems that support mining investment. Clarity is based in Vancouver, British Columbia, and is listed on the CSE under the symbol ‘CMET’.
Average Trading Volume: 244,119
Technical Sentiment Signal: Buy
Current Market Cap: C$3.9M
See more insights into CMET stock on TipRanks’ Stock Analysis page.