MiningNewsBreaks – Element 29 Resources Inc. (TSX.V: ECU) (OTCQB: EMTRF) (BVL: ECU) Closes C$35.5 Million Private Placement to Fund Perú Exploration
This article has been disseminated on behalf of Element 29 Resources Inc. and may include paid advertising. Element 29 Resources (TSX.V: ECU) (OTCQB: EMTRF) (BVL: ECU) announced the closing of a non-brokered private placement, issuing 32,245,269 common shares at C$1.10 per share for gross proceeds of approximately C$35.47 million. The company plans to use the proceeds to advance exploration activities in Perú, including its 2026 drilling program at the Elida copper-molybdenum-silver project, while welcoming new strategic investor Alpayana S.A.C. and other participants supporting its growth strategy. To view the full press release, visit https://ibn.fm/pM2E9 About Element 29 Resources Inc. Element 29 is an emerging junior resource company with a highly experienced…