European Energy Metals Expands Private Placement

Hilo Mining Ltd (TSE:FIN) has released an update.

European Energy Metals is expanding its non-brokered private placement from 16 million to 17.6 million Units to raise up to $2.2 million, with each Unit consisting of a share and a half-warrant. The additional funds are earmarked for exploration and working capital, as the company progresses its Lithium-Cesium-Tantalum project in Finland, strategically located near a significant investment by Keliber’s parent company.

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