Gitennes Exploration ( (TSE:REVX) ) has shared an announcement.
Gitennes Exploration Inc. has successfully closed a non-brokered private placement, raising gross proceeds of $110,000 through the issuance of non-flow-through and flow-through units. This financing move is expected to support the company’s ongoing exploration activities in Quebec and Peru, potentially enhancing its market position in the mineral exploration industry.
More about Gitennes Exploration
Gitennes Exploration Inc. is engaged in the exploration and advancement of mineral properties. The company has three properties in the Sept Iles region of Quebec, focusing on nickel, REE, niobium, and tantalum, and three gold properties in the Chapais-Chibougamau area of Quebec. Additionally, Gitennes holds a 1.5% Net Smelter Return royalty on the Urumalqui Silver Project in Peru. Most properties are fully owned by Gitennes, except for New Mosher, which is under option.
YTD Price Performance: -47.78%
Average Trading Volume: 40,371
Technical Sentiment Signal: Buy
Current Market Cap: C$6.17M
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