Spey Resources (TSE:SPEY) has released an update.
Spey Resources Corp. has secured a 100% interest in a Nova Scotia exploration property through an option agreement, which involves cash payments and common stock issuance. The company has also raised $380,000 through a private placement and is settling $153,500 of debt by issuing shares to preserve cash for working capital.
For further insights into TSE:SPEY stock, check out TipRanks’ Stock Analysis page.
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