Phenom Closes $1,619,500 First Tranche of Private Placement Financing
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Phenom Resources Corp. has successfully closed the first tranche of its non-brokered private placement, raising $1,619,500 by issuing 6,478,000 units at $0.25 per unit.
February 13, 2025 | 8:30 pm
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Phenom Resources Corp. has raised $1,619,500 through the first tranche of its private placement, issuing 6,478,000 units at $0.25 each.
The successful closing of the first tranche of the private placement indicates a positive capital influx for Phenom Resources, which can be used for further development and operations. This is likely to be viewed positively by investors, potentially leading to a short-term increase in stock price.
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