Chakana Copper Corp. increased a previously announced financing to about C$8 million from C$6 million.
The company will now offer up to 8,889,000 shares at 90 cents apiece in a best-efforts private placement, it said March 12.
The proceeds are earmarked to accelerate and expand a phase-one drill program at its Soledad copper-gold project in Peru, and for general working capital.
