Element79 Gold Corp. (TSE:ELEM) has released an update.
Element79 Gold Corp. has successfully completed an oversubscribed final tranche of its equity unit offering, raising a total of CAD $867,735, far exceeding its original goal of CAD $400,000. This final round alone added $317,660 to the company’s coffers, allowing the issuance of over 1.38 million units, each including a share and a purchase warrant. The company’s CEO attributes the strong investor interest to confidence in Element79’s strategic vision and its potential for near-term revenue generation.
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