trending Market Intelligence /marketintelligence/en/news-insights/trending/ufBRf8I7anVL8lctpVyckA2 content esgSubNav
In This List

Stuhini Exploration completes IPO, set to start exploration at Metla property

Blog

Gold - Geopolitical tensions and inflation remain key drivers

Blog

Lithium and Cobalt - Softer demand weighs on prices

Blog

Insight Weekly: Ukraine war impact on mining; US bank growth slowdown; cloud computing headwinds

Blog

Insight Weekly: Cryptocurrency's growth; green bond market outlook; coal investors' windfall


Stuhini Exploration completes IPO, set to start exploration at Metla property

Precious and base metals-focused Stuhini Exploration Ltd. completed its IPO of 4,083,000 common shares at 20 Canadian cents per share raising C$816,000.

The company said May 21 it will use the net proceeds mainly to fund phase one exploration and other expenditures at its Metla gold-silver-base metals property in British Columbia, administrative costs over the next year, and for general working capital purposes.

Unallocated working capital will be used to start phase two of the work program and to review potential acquisitions.

The shares were listed on the TSX Venture Exchange on May 21 and are expected to start trading on May 23 under the symbol STU.

Haywood Securities Inc. acted as the exclusive agent for the IPO.