Hemlo Explorers Announces New Private Placement

Hemlo Explorers (TSE:HMLO) has released an update.

Hemlo Explorers Inc. has announced a non-brokered private placement of flow-through shares to raise up to $250,000 for its exploration projects in Central Newfoundland. The company plans to close the offering on November 25, 2024, and will use the proceeds for project advancement and corporate purposes. This move reflects Hemlo’s ongoing commitment to expanding its mineral exploration efforts and generating shareholder value.

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