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StrategX Elements Raises CA$198,000 After Closing Second Tranche of Non-Brokered Private Placement

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StrategX Elements (STGX.CN) closed the second tranche of its non-brokered private placement, raising proceeds of CA$198,000, it said in a statement late Thursday.

The second tranche offered 1.3-million units at CA$0.15 apiece. Proceeds will support the continued advancement of its critical minerals exploration projects on the Melville Peninsula in Canada's Nunavut, it said.

The company has now raised a total of CA$531,856.35 from the sale of 3.5-million units. It expects that a final tranche closing relating to the remaining balance of units available for sale under this offering to be completed on or before Sept. 30.

The company's shares last traded Sept. 8, closing at CA$0.175 on the Canadian Securities Exchange.

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Mining & Metals

Allied Gold Reports Progress at the Kurmuk Mine in Ethiopia

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Mining & Metals

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Mining & Metals

Vext Science Reopens Ohio Dispensary, Extends Maturity of Acquisition Notes to 2029

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