on Troy Minerals Inc. (CVE:TROY)
Meta Critical Minerals Launches $6M Private Placement with Strategic Support
Meta Critical Minerals Inc., formerly known as Troy Minerals Inc., announced a private placement offering to raise up to $6,000,000. The offering involves 30 million units priced at $0.20 each. Each unit consists of one common share and one transferable common share purchase warrant, allowing the acquisition of additional shares at $0.30 within two years.
Revere Securities LLC, a prominent New York investment bank, provides strategic advisory support for this placement. If Meta's shares close at $0.45 or above for ten days, the company can set an expiration date for the warrants. The offering's proceeds will enhance ongoing projects and provide working capital.
The initiative is pending acceptance by the Canadian Securities Exchange. Meta emphasizes its commitment to advancing projects related to critical minerals important for advanced technologies.
R. H.
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