Group Eleven Closes $2.5m Private Placement
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Group Eleven Resources Corp. has successfully closed a $2.5 million private placement, issuing 13,157,894 units at $0.19 per unit. Each unit includes one common share and one-half of a common share purchase warrant.
March 01, 2025 | 12:15 am
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Group Eleven Resources Corp. completed a $2.5 million private placement, issuing 13,157,894 units at $0.19 per unit. This could provide the company with additional capital for operations or expansion.
The successful closing of a $2.5 million private placement provides Group Eleven with additional capital, which could be used for operational expansion or other strategic initiatives. This is likely to be viewed positively by investors, potentially leading to a short-term increase in stock price.
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