Tinka Resources (TSE:TK) has released an update.
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Tinka Resources has announced the closure of the first tranche of its private placement, raising C$1.74 million with significant participation from major shareholders Nexa Resources and Buenaventura. Both companies increased their stakes in Tinka to 19.9%, showcasing strong insider confidence and strategic support for the company’s ongoing projects. The funds will be used for drilling and exploration activities at Tinka’s Ayawilca and Silvia properties.
For further insights into TSE:TK stock, check out TipRanks’ Stock Analysis page.
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