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Aero Energy Closes $2M Private Placement
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Aero Energy Closes $2M Private Placement

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Angold Resources Ltd (TSE:AERO) has released an update.

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Aero Energy Limited has successfully closed its non-brokered private placement, raising over $2 million through various units, including flow-through and charity flow-through units, to support its uranium projects in Saskatchewan. The funds will be allocated towards Canadian exploration expenses and general working capital. The offering, which is still subject to final TSX Venture Exchange approval, highlights the company’s commitment to advancing its mineral exploration efforts.

For further insights into TSE:AERO stock, check out TipRanks’ Stock Analysis page.

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