Fremont Gold Ltd (TSE:FRE) has released an update.
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Fremont Gold Ltd. successfully closed an over-subscribed private placement, raising $2.0M, with major mining company Teck Resources Limited acquiring a significant interest. The funds will finance exploration activities in Armenia and general corporate expenses, marking a vote of confidence in Fremont’s projects and management.
For further insights into TSE:FRE stock, check out TipRanks’ Stock Analysis page.
