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G2 Goldfields Secures $42M for Guyana Exploration
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G2 Goldfields Secures $42M for Guyana Exploration

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G2 Goldfields Inc (TSE:GTWO) has released an update.

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G2 Goldfields Inc. has successfully secured a $42 million private placement to fund its exploration projects, particularly the Oko project in Guyana, and to bolster its working capital. The offering, which is fully subscribed, includes a significant investment by AngloGold Ashanti, raising its stake in G2 to approximately 15%. This financial boost is set to accelerate the company’s exploration efforts in the gold-rich Oko-Aremu district.

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

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