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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