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Coniagas Secures Funding for Critical Metals Exploration

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Coniagas Battery Metals Inc (TSE:COS) has released an update.

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Coniagas Battery Metals Inc., a Canadian junior mining company, has finalized its non-brokered private placement, raising approximately $487,132 through the issuance of over 4 million units, including ‘flow-through’ shares for exploration on the Graal property in Québec. The funds will also support metallurgical test work and provide working capital. The private placement, which includes common shares and purchase warrants, will aid the company’s aim to supply critical metals to the EV market.

For further insights into TSE:COS stock, check out TipRanks’ Stock Analysis page.

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