Tectonic Metals Secures Over $5 Million in Strategic Funding Led by Crescat Capital; Launches $7 Million Financing to Fund 2025 Drilling
Tectonic Metals Inc. ("Tectonic" or the "Company") (TSXV: TECT; OTCQB: TETOF; T15B: FSE) today announced an up to C$7,000,000 non-brokered private placement of units (the "Offering"), anchored by over C$5,000,000 in strategic investments by strong and supportive funds, including a C$2,000,000 cornerstone investment from Crescat Capital, Tectonic's largest shareholder. The net proceeds of the Offering are expected to fully fund the 2025 Phase One...
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