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Techgen Metals Ltd. ( (AU:TG1) ) has shared an announcement.
TechGen Metals Ltd. has successfully raised A$1.2 million through a top-up placement, receiving strong backing from institutional and sophisticated investors. The funds will be used to expedite exploration activities at the Mt Boggola and Blue Devil projects, which have shown promising copper, gold, and silver occurrences. This financial boost is expected to enhance TechGen’s drilling campaigns and potentially lead to significant discoveries, strengthening its position in the mining sector.
More about Techgen Metals Ltd.
TechGen Metals Ltd. operates in the mining industry, focusing on the exploration and development of copper, gold, and other precious metals. The company is actively engaged in projects such as the Mt Boggola and Blue Devil, which are known for their significant copper, gold, and silver deposits.
Average Trading Volume: 2,588,397
Technical Sentiment Signal: Buy
Current Market Cap: A$9.04M
Learn more about TG1 stock on TipRanks’ Stock Analysis page.