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Ramp Metals Inc. Launches $2.8M Private Placement for Exploration

Story Highlights

Ramp Metals Inc ( (TSE:RAMP) ) has provided an update.

Ramp Metals Inc. has announced a non-brokered private placement financing of up to $2.8 million, aimed at funding exploration activities. The proceeds will be used for copper exploration at the Rottenstone SW property and general working capital, with the offering expected to close by May 23, 2025, pending TSX Venture Exchange approval.

More about Ramp Metals Inc

Ramp Metals Inc. is a grassroots exploration company focused on developing a potential new gold district in Saskatchewan. The company has made a significant high-grade gold discovery at its flagship Rottenstone SW property, which spans 32,715 hectares in the Rottenstone Domain.

YTD Price Performance: 51.90%

Average Trading Volume: 84,919

Technical Sentiment Signal: Sell

Current Market Cap: C$28.94M

For an in-depth examination of RAMP stock, go to TipRanks’ Stock Analysis page.

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