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Trimera Metals Corp. ( (TSE:TRM) ) has shared an update.
Trimera Metals Corp. has announced a non-brokered private placement of up to 285,714 flow-through common shares at $0.35 per share, aiming to raise up to $100,000. The proceeds will be used for exploration activities at the company’s Tahlo Lake property in British Columbia. The offering is subject to regulatory and Canadian Securities Exchange approval, and the shares will have a statutory hold period of four months and a day. This move is expected to support Trimera’s exploration efforts and potentially enhance its position in the mining industry.
More about Trimera Metals Corp.
Trimera Metals Corp. is a junior exploration company focused on the exploration, development, and advancement of its Tahlo Lake property in south-central British Columbia. The property consists of four wholly owned mining claims covering approximately 1,692 hectares.
Average Trading Volume: 2,609
Learn more about TRM stock on TipRanks’ Stock Analysis page.