Vortex Metals Inc (TSE:VMS) has released an update.
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Vortex Metals Inc. has successfully completed an oversubscribed non-brokered private placement, raising $1.74 million through the sale of over 19 million units at $0.09 each, which include share purchase warrants. The company experienced strong investor interest, leading to an increased offering to accommodate strategic investors. Funds from this placement are earmarked for general working capital and exploration expenses.
For further insights into TSE:VMS stock, check out TipRanks’ Stock Analysis page.