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Mogotes Metals Announces C$15M Strategic Investment

Summary by theassay.com
Mogotes Metals Inc. (TSXV: MOG) has announced a non-brokered private placement of up to 75,000,000 units at C$0.20 per unit, aiming to raise gross proceeds of up to C$15M. Each unit will consist of one common share and one-half of a common share purchase warrant, with each whole warrant exercisable at C$0.40 for two years following closing. Proceeds will support exploration and development at the company’s Filo Sur property in Argentina, as well…
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Mogote Metals, the company behind the copper, gold and silver project in San Juan called Filo Sur, announced that the Braun family, through an associated entity, invested 9 million Canadian dollars. Thanks to this investment, the Braun family is now one of the important shareholders of the company, and Carlos Braun will join the board of directors. The project is located in the Vicuña District, in an area where other important deposits such as F…

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Mittelstand Cafe broke the news in on Monday, June 2, 2025.
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