Domestic Metals raises $3.07M in private placement to fund exploration and development.

Domestic Metals Corp. has closed a private placement, issuing nearly 11 million units at $0.28 each, raising gross proceeds of about $3.07 million. Each unit includes one common share and one warrant exercisable at $0.40 for three years. The funds will support the company's working capital, exploration, development, and drilling activities, primarily at its Smart Creek Project in Montana. The offering is subject to TSXV approval and includes finders' fees paid in cash and warrants.