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Molten Metals Corp. raised $1.03 million in a private placement to fund operations and exploration.
Molten Metals Corp. has closed a non-brokered private placement, raising $1.03 million by issuing 4.13 million units at $0.25 each.
Each unit includes one common share and one warrant to buy a share at $0.40 within 24 months, exercisable 60 days after closing.
The shares have no hold period under Canadian rules.
Proceeds will fund working capital, exploration, marketing, and other purposes.
The company paid $65,765 in finder’s fees and issued 263,060 broker warrants with similar terms.
Securities are not registered in the U.S. and cannot be sold there without exemption.
The company, focused on North American mineral exploration, warns of risks including market conditions, exploration outcomes, and regulatory delays.
The Canadian Securities Exchange did not review the release.
Molten Metals Corp. recaudó $1.03 millones en una colocación privada para financiar operaciones y exploración.