Junior Miner Lands Mining Major Backing as Teck Acquires 9.9% Stake
Raising capital is a routine part of business for most junior mining companies, as drilling programs, property acquisitions, and day-to-day operations are difficult to sustain without a steady inflow of new funding until production is eventually achieved.While financing itself is commonplace, attracting a significant investment from a major mining company is an entirely different matter. Such a commitment not only signals strong confidence in the junior miner and its assets but also represents a potentially game-changing partnership that can materially accelerate the company’s growth ...