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Sign InTwo Canadian-listed micro-cap companies, NuRAN Wireless and PTX Metals, have announced separate non-brokered private placement offerings to secure capital for their operations. NuRAN Wireless intends to raise up to $15 million to fund business growth and meet general working capital requirements. Meanwhile, PTX Metals announced a $3 million private placement, with units priced at $0.11 each. Substantial investors have already confirmed their participation in the PTX Metals offering, signaling confidence in the company's trajectory. These financing moves are designed to support ongoing business development and exploration activities. While providing essential liquidity for micro-cap firms, such placements are typically viewed as dilutive to existing shareholders in the short term.