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An announcement from Nexcel Metals Corp ( (TSE:NEXX) ) is now available.
Nexcel Metals Corp. has announced a non-brokered private placement of up to 220,000 units at $0.50 per unit, aiming to raise $110,000. The proceeds will be used for exploration expenses on the Lac Ducharme Property, qualifying as flow-through critical mineral mining expenditures under Canadian tax law. This move is expected to support the company’s exploration activities and strengthen its position in the mineral exploration sector.
More about Nexcel Metals Corp
Nexcel Metals Corp. is a junior mining company engaged in the acquisition, exploration, and development of mineral properties, with a current focus on the Lac Ducharme Property in Québec.
Average Trading Volume: 6,333
For an in-depth examination of NEXX stock, go to TipRanks’ Overview page.