Ascot Resources (TSE:AOT) has released an update.
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Ascot Resources Ltd. reports robust first quarter 2024 results with significant progress on its Premier Gold Project, including the commencement of gold ore processing and anticipation of commercial production by Q3 2024. The company has also announced a $5,000 non-brokered flow-through private placement to fund its 2024 exploration program, and has successfully closed a bought deal private placement financing and a major financing package, further strengthening its financial position.
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