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Turmalina Metals Corp. raised $1.5M in a non-brokered private placement to develop high-grade gold-copper-silver projects in South America.

PUBLIC · TBXXFMar 05, 2024

Amount Raised

$1.5 Million

Round Type

Seed

OtherMiningMineral

Description

Turmalina Metals Corp. has announced a non-brokered private placement of up to 15,000,000 units at a price of $0.10 per unit, with aggregate gross proceeds of up to $1,500,000. The company intends to use the net proceeds to satisfy ongoing costs associated with its properties as well as general working capital purposes.

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Company Information

Company

TURMALINA METALS CORP.

Location

6TH FLOOR, 800 WEST PENDER ST.

About

Turmalina Metals is a TSXV-listed exploration company focused on developing our portfolio of high-grade gold-copper-silver projects in South America. Our focus is on tourmaline breccias, a deposit style overlooked by many explorers. Turmalina Metals is led by a team responsible for multiple gold-copper-silver discoveries who are highly experienced in this deposit style. Our projects are characterised by open high-grade mineralization on established mining licenses that present compelling drill targets. The flagship project held by Turmalina is the San Francisco project in San Juan, Argentina.

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TURMALINA METALS CORP. raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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