Electric Metals Announces First Tranche Closing and Extension of Private Placement
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Electric Metals (USA) Limited has closed the first tranche of its non-brokered private placement, issuing 5,837,000 common shares at $0.10 per share, raising C$583,700.
December 13, 2024 | 10:15 pm
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Electric Metals (USA) Limited has successfully closed the first tranche of its private placement, raising C$583,700. This move could provide the company with additional capital for operations or expansion.
The successful closing of the first tranche of the private placement indicates investor interest and provides the company with additional capital. This is likely to be seen positively by the market, potentially leading to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100