Kalamazoo Resources Ltd. (AU:KZR) has released an update.
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Kalamazoo Resources Ltd. has completed its Share Purchase Plan, raising a total of $0.953 million through a combination of institutional placement and public offerings. The newly issued shares are set to commence trading, with the proceeds earmarked for extensive drilling and exploration programs across several of the company’s gold projects in Australia, as well as for general working capital. This financial boost aims to further the company’s exploration efforts, including the significant Ashburton Gold Project.
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