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viewCandelaria Mining Corp.
(
TSX-V:CANDOTC:CDELF
)

Candelaria Mining to raise 7.8 million dollars to move Caballo Blanco forward

Candelaria Mining CEO Mike Struthers joined Steve Darling from Proactive to share news the company has announced a capital raise a non-brokered private placement of 7.8 million dollars at a price of $0.45 per Unit.

Struthers telling Proactive the Company has received confirmations from certain investors of their intent to subscribe for 7.7 million, including $6.0 million from Agnico Eagle Mines Limited. That will bring Agnico Eagle stake in the company to 19.59% A great deal of the funds will be used for exploration and development at the Caballo Blanco Project.

Quick facts: Candelaria Mining Corp.

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TSX-V:CAND

Price: 0.55 CAD

Market Cap: $71.38 m

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Candelaria Mining executives eyeing to get Pinos Project Mine back into...

Candelaria Mining (CVE: CAND- OTC: CDELF) CEO Mike Struthers and Non-Executive Chairman Dr. Neil O’Brien joined Steve Darling from Proactive to provide an update on their arrival to the company which has just happened. Struthers giving an overview of where the company is at and what the plan for...

on 03/05/2021

2 min read