Mink Ventures Closes Private Placement

Core Points - Mink Ventures Corporation has closed the second and final tranche of its non-brokered private placement, raising gross proceeds of $256,750 from both tranches, with $66,750 raised in the second tranche [1][4] - Each hard dollar unit consists of one common share and one common share purchase warrant, with the warrant allowing the holder to acquire one common share at an exercise price of $0.20 for 36 months [2][4] - The net proceeds from the offering will be used for the exploration and advancement of the Montcalm nickel copper cobalt project and the Warren copper nickel project, as well as for general working capital purposes [4][5] Company Overview - Mink Ventures Corporation is a Canadian mineral exploration company focused on critical minerals such as nickel, copper, and cobalt, with projects located in the Timmins, Ontario area [5] - The Montcalm Project covers 100 km adjacent to Glencore's former Montcalm Mine, which had historical production of 3.93 million tonnes of ore grading 1.25% Ni, 0.67% Cu, and 0.051% Co [5] - The Warren Ni Cu Co Project spans 1,130 hectares and is located 35 km away from the Montcalm Project, both benefiting from excellent access and infrastructure [5]