Vortex Metals Expands Private Placement to Raise Up to $1.4 Million
Vortex Metals has expanded its non-brokered private placement offering from 20 million units to 28 million units, aiming for gross proceeds of up to $1.4 million at a price of $0.05 per unit. The company previously closed the first tranche on August 11, issuing 9.71 million units and raising $485,500. The expanded offering reflects Vortex Metals' efforts to secure additional capital for its operations or growth initiatives. As a non-brokered private placement, it allows direct fundraising without the involvement of underwriters.
Tickers: $VMSSF
Topics: capital raise private placement