Vancouver-based Spearmint Resources (TSXV: SRJ) is “fully cashed up” for exploration at its lithium properties in Nevada and British Columbia, and vanadium project in Quebec, after raising about C$1 million via a non-brokered private placement.
"We plan to commence operations this month and look forward to very active 2018," president James Nelson said this week.
"We are now fully cashed up to undertake multiple work programs in Nevada, Quebec and BC."
Spearmint shares have tracked down from C11c to 8.5c over the past week, but are up from 6c at the start of the year. Its market capitalisation this week was $8.56 million.
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