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Intrepid Metals Announces $6 Million Private Placement for Exploration and Growth

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Intrepid Metals Announces $6 Million Private Placement for Exploration and Growth

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An update from Voleo Trading Systems Inc ( (TSE:INTR) ) is now available.

Intrepid Metals Corp. has announced a non-brokered private placement offering of up to 17,142,857 units at $0.35 per unit, aiming to raise $6 million. The proceeds will be used for exploration, working capital, and strategic partnerships, with the offering subject to a four-month hold period and TSX Venture Exchange approval.

More about Voleo Trading Systems Inc

Intrepid Metals Corp. is a Canadian company engaged in the exploration of high-grade essential metals such as copper, silver, and zinc in southeastern Arizona, USA. The company has acquired several drill-ready projects, including the Corral Copper Project, Tombstone South Project, and the Mesa Well Project, and is listed on the TSX Venture Exchange and OTCQB Venture Market.

Average Trading Volume: 184,332

Technical Sentiment Signal: Sell

Current Market Cap: C$27.13M

See more insights into INTR stock on TipRanks’ Stock Analysis page.

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