Turmalina Metals Corp. upsized and closed a previously announced private placement financing, raising $2,000,000 to fund ongoing costs associated with its properties and general working capital purposes.
PUBLIC · TBXXFMar 18, 2024
Amount Raised
$2 Million
Round Type
Seed
OtherMiningMineral
Description
Turmalina Metals Corp. has closed the book on its previously announced private placement financing, increasing the total proceeds from $1,500,000 to $2,000,000. The company plans to use the net proceeds to cover ongoing costs associated with its properties and for 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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