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Churchill Resources Secures $2M for Exploration

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Churchill Resources Secures $2M for Exploration

Churchill Resources Inc (TSE:CRI) has released an update.

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Churchill Resources Inc. has announced a successful $2 million private placement through the sale of 25 million flow-through common shares, aimed at funding exploration expenses in Newfoundland and Labrador. The closing of this offering is anticipated by November 22, 2024, subject to regulatory approvals. This move positions Churchill to leverage the province’s strong mineral exploration sector.

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

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