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Mink Ventures Corp. ( (TSE:MINK) ) has provided an update.
Mink Ventures Corporation has successfully closed the first tranche of its non-brokered private placement, raising $190,000 through the issuance of hard dollar units and flow-through units. The funds will be directed towards the exploration and advancement of the company’s Montcalm and Warren projects, as well as general working capital. This financing move is expected to bolster Mink’s exploration activities in the critical minerals sector, potentially enhancing its market positioning and operational capabilities.
More about Mink Ventures Corp.
Mink Ventures Corporation is a Canadian mineral exploration company focused on critical minerals such as nickel, copper, and cobalt. The company is actively exploring its Warren and Montcalm projects in the Timmins, Ontario area, with the Montcalm Project located adjacent to Glencore’s former Montcalm Mine. Both projects benefit from excellent access and infrastructure, including proximity to the Timmins Mining Camp.
YTD Price Performance: 42.86%
Average Trading Volume: 28,718
Technical Sentiment Signal: Sell
For detailed information about MINK stock, go to TipRanks’ Stock Analysis page.