Gold79 Mines Ltd. (TSE:AUU) has released an update.
Gold79 Mines Ltd. has successfully completed the first tranche of its private placement financing, raising $718,250 by issuing over 2.8 million units. This financing will support the continued exploration of its Gold Chain project in Arizona, with insiders of the company contributing $225,000 themselves. The company looks forward to a final closing of the placement soon, with the raised funds allocated for exploration, property costs, and general corporate purposes.
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