The latest update is out from I-Minerals ( ($TSE:HCM.H) ).
Highcliff Metals Corp. has announced an extension to the closing date of its non-brokered private placement financing, which aims to raise up to $250,000 through the sale of common shares. The funds are intended for general working capital, corporate debt, and costs associated with acquiring a new business. The extension provides the company additional time to secure necessary capital, potentially impacting its ability to acquire new mineral properties and improve its market position.
More about I-Minerals
Highcliff Metals Corp. operates in the mining industry, although it currently does not own any mineral properties. The company is focused on identifying and acquiring new mineral properties to expand its operations.
YTD Price Performance: -33.33%
Average Trading Volume: 1,636
Technical Sentiment Signal: Buy
Current Market Cap: C$373.5K
Find detailed analytics on HCM.H stock on TipRanks’ Stock Analysis page.