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Gabriel Resources Advances Private Placement
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Gabriel Resources Advances Private Placement

Gabriel Resources (TSE:GBU) has released an update.

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Gabriel Resources Ltd. has announced the initial closing of a private placement, issuing common shares for proceeds of $3.25 million, with expectations to complete the placement for a total of $5.575 million. The shares are subject to a statutory hold period and final approvals. The remaining funds are anticipated to be secured by late May, with no finder’s fee to be paid for the transaction.

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

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