MineHub Technologies has increased its recently announced C$2.5 million equity raise target to $4 million.
The company is issuing 36.36 million new shares at 11c a share, plus attached, transferable warrants allowing the user to pay 20c for another share within three years.
Toronto-listed MineHub was trading at 10c at Monday’s close, capitalising the company at about $9.5 million.
The metals and mining-focused blockchain microcap flagged a two-for-one share consolidation in 2024 at the end of last year, to “strengthen its capital structure”.
