TheNewswire
10 Jun 2026, 20:35 UTC · 4h ago
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Zonte Metals completed a non-brokered private placement raising a total of $400,000. — Provides necessary working capital for a junior exploration company, though the amount is relatively small.
+0.20The company issued 4,000,000 common share units, including warrants exercisable at $0.15 per share, increasing total outstanding shares to 85,104,105. — The issuance of new shares and warrants creates potential equity dilution for existing shareholders.
-0.10Which stocks this story touches
The company successfully completed a private placement to raise $400,000 for working capital.
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The company is mentioned as the holder of a deposit that is currently the subject of a legal dispute regarding title issuance.
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