Krait Critical Minerals closes first tranche of private placement
Krait Critical Minerals Corp. successfully closed the first tranche of its non-brokered private placement, issuing 1,631,100 common shares at $0.75 per share for $1,223,325 in gross proceeds. The company anticipates closing a second tranche next week, pending regulatory approvals. CEO Oscar Mendoza expressed appreciation for investors' support as Krait uses the net proceeds for exploration at its Goldbar Spider Lake Project in Ontario and evaluates assets held through its Nevada Hills Antimony subsidiary.
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