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The latest update is out from Sun Summit Minerals Corp. ( (TSE:SMN) ).
Sun Summit Minerals Corp. has announced a non-brokered private placement to raise up to $3.5 million through the issuance of charity flow-through units, flow-through units, and non-flow-through units. The proceeds will be used for exploration activities on the company’s properties in British Columbia. This initiative is subject to closing conditions, including TSX Venture Exchange approval, and highlights Sun Summit’s ongoing efforts to expand its exploration footprint and enhance its market positioning in the mineral exploration industry.
More about Sun Summit Minerals Corp.
Sun Summit Minerals Corp. is a mineral exploration company focused on discovering and advancing district-scale gold and copper assets in British Columbia. The company’s portfolio includes the JD and Theory Projects in the Toodoggone region of north-central B.C., and the Buck Project in central B.C.
YTD Price Performance: -33.33%
Average Trading Volume: 102,805
Technical Sentiment Signal: Buy
Current Market Cap: C$7.21M
For detailed information about SMN stock, go to TipRanks’ Stock Analysis page.