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Bayridge Resources Secures $6.9 Million Funding

Bayridge Resources Corp. (TSE:BYRG) has released an update.

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Bayridge Resources Corp. has successfully completed a $6.9 million private placement, which included the sale of non-flow-through and flow-through units to fund the company’s property expenditures in Ontario and Saskatchewan, as well as for general capital purposes. The placement also involved payment of finder’s fees and issuance of finder’s warrants. The raised funds are crucial for the company’s lithium and uranium exploration projects in Canada.

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

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