Camino Minerals Closes Final Tranche of Private Placement, Positioned for Copper Market Growth

Camino Minerals Corporation (TSXV:COR)(OTC PINK:CAMZF) has successfully closed the final tranche of its non-brokered private placement, raising a total of $1,999,770 through the issuance of common shares at $0.21 per share. The funds raised will be allocated towards corporate working capital, legal expenses, engineering studies, and general administrative expenses, positioning the company to capitalize on opportunities in the growing copper market.

The completion of this private placement comes at an opportune time for Camino, as the global economy continues to electrify, driving an increased demand for copper. With the funds raised, Camino is well-equipped to advance its copper exploration projects, develop copper producing assets, and capitalize on the growing demand for copper in the global market.

One of the key projects that Camino is focused on is the construction-ready Puquios copper mine in Chile. The funds raised from the private placement will support Camino's efforts to develop this asset and bring it into production. Additionally, the company is advancing its IOCG Los Chapitos copper project in Peru and the Maria Cecilia copper porphyry project, both of which have the potential to deliver significant copper resources.

The private placement has attracted institutional investors, indicating a vote of confidence in Camino's prospects and growth potential. This support, combined with the funds raised, will enable Camino to execute its strategic objectives and create value for its shareholders.

In conclusion, the completion of the final tranche of Camino's private placement has positioned the company to capitalize on opportunities in the growing copper market. With the funds raised, Camino is well-equipped to advance its copper exploration projects, develop copper producing assets, and meet the increasing demand for copper in the global market. The company's strategic objectives and the support of institutional investors will help Camino to achieve its goals and create value for its shareholders.