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ATERRA Metals secures financing for Totora Copper-Gold Project in Chile

1 report, 1 independent Updated Oct 1
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What happened

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ATERRA Metals Inc. secured financing through a private placement offering, which was managed by Research Capital Corporation and Desjardins Capital Markets. The offering allows the company to raise between $4,000,000 and $8,355,000 in gross proceeds by selling common shares at $0.06 per share. The company plans to use the funds to advance the Phase II exploration program at its Totora Copper-Gold Project in Chile.

From finanznachrichten.de

Why it matters

Some supportBrind's analysis of the reports

The financing is intended to support the Phase II exploration program at the Totora Copper-Gold Project, which previously reported an Inferred Mineral Resource estimate of 159.8 million tonnes. The funds will also cover general working capital and corporate purposes for ATERRA Metals Inc.

From finanznachrichten.de

Who's involved

  • ChileLocation of the Totora Copper-Gold Project

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