
The company, which uses a proprietary aqueous-based process to recover gold and other valuable metals from e-scrap, raised $40 million by selling 9.4 million common shares.
Modern Mining Technology Corp., Greenville, North Carolina, which uses a proprietary aqueous-based process to recover gold and other valuable metals from e-scrap, has closed its initial public offering (IPO), raising nearly $40 million by selling more than 9.4 million common shares at $4.25 per share.