12:25 PM EDT, 10/28/2024 (MT Newswires) -- Black Mammoth Metals ( LQRCF ) on Monday said it closed a private placement of share units, raising $3.22 million for exploration.

The company issued 4.6-million units at $0.70 each and made up of a shares and one-half of a two-year warrant to buy a second share for $1.10.

Black Mammoth Metals ( LQRCF ) was last seen down $0.05 to $0.92 on the TSX Venture Exchange.

Price: 0.92, Change: -0.05, Percent Change: -5.15