Nine Mile Metals Closes First Tranche of Private Placement Financing
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Nine Mile Metals Ltd. has completed a first tranche private placement financing, raising $25,000 in cash and converting $231,150 of debt.
February 04, 2025 | 10:30 pm
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Nine Mile Metals Ltd. completed a private placement financing, raising $25,000 in cash and converting $231,150 of debt, which may improve its financial position.
The completion of the private placement financing provides Nine Mile Metals with additional cash and reduces its debt, potentially strengthening its financial position and positively impacting its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100