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Phenom Resources Corp ( (TSE:PHNM) ) has provided an announcement.
Phenom Resources Corp. has successfully closed a $704,000 private placement financing with strategic investors, issuing 4.4 million units at $0.16 per unit. The proceeds will be used for exploration programs and general working capital, with significant support from major shareholders, enhancing the company’s financial position and operational capacity.
More about Phenom Resources Corp
Phenom Resources Corp. operates in the mining industry, focusing on exploration properties. The company is engaged in the acquisition and development of mineral resources, aiming to enhance its market position through strategic investments and exploration activities.
Average Trading Volume: 68,466
Technical Sentiment Signal: Sell
Current Market Cap: C$28.87M
For detailed information about PHNM stock, go to TipRanks’ Stock Analysis page.