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Fredonia Mining Inc. closes a C$11.5M bought deal private placement, issuing 17,692,400 shares at C$0.65 each. The funds will be used for exploration of the El Dorado Monserrat Project and working capital.
PRIVATESep 23, 2026•about 3 hours ago
Amount Raised
C$11.5 Million
Round Type
Post-IPO Equity
TorontoMining
Investors
Canaccord Genuity CorpAtb Cormark Capital Markets
Description
Fredonia Mining Inc. has successfully closed its bought deal private placement with total proceeds of C$11.5 million. A syndicate of underwriters led by ATB Cormark Capital Markets facilitated the deal. The company plans to utilize the funds for exploration activities in Argentina and for general corporate purposes
Company Information
Company
Fredonia Mining
Location
Toronto, Ontario, Canada
About
Fredonia Mining Inc. indirectly owns a 100% interest in certain license areas within the Deseado Massif geological region in the Province of Santa Cruz, Argentina. The company's portfolio includes El Aguila, Petrificados, and the flagship El Dorado-Monserrat property.
Fundz sees it the moment Fredonia Mining raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
TorontoMining