Forum Announces $1,250,000 Financing with Strategic Investors
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Forum Energy Metals Corp. announced a non-brokered private placement to raise up to $1,250,000 through shares and flow-through units. This financing involves strategic investors and is priced at $0.08 per share and $0.10 per flow-through unit.
December 16, 2024 | 1:15 pm
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Forum Energy Metals Corp. is raising up to $1,250,000 through a private placement, which could enhance its financial position and support future projects.
The private placement indicates a strategic move to strengthen Forum Energy Metals' financial resources, which is likely to be viewed positively by investors. The involvement of strategic investors and the specific pricing of shares and units suggest confidence in the company's future prospects.
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