CRA-RECYCLE.ORG: Modern Mining raises $40 million in IPO

Modern Mining raises million in IPO

An initial public offering has raised $40 million for Modern Mining Technology Corp. as the company looks to bring its critical mineral recovery technology to market.

The company sold 9.41 million common shares at $4.25 each to raise the money. The funds will help the company scale its critical mineral recovery technology, President and CEO Jeet Basi said.

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