03:55 PM EDT, 04/05/2024 (MT Newswires) -- C2C Metals ( CTCGF ) on Friday said it is upsizing a private placement announced on April 4, to C$1.5 million, up from its original C$1 million target.

The company will now up to 8.8 million priced at $0.17 each and made up of a shares and one half of a two-year warrant to buy a second share for C$0.25.

The proceeds of the offering will be used to fund exploration on the company's uranium projects in Utah as well as for general working capital purposes.

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