Liberty Gold Corp. (TSE:LGD) has released an update.
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Liberty Gold Corp. has announced a non-brokered private placement designed to raise C$9.5 million by issuing units at C$0.35 each, which includes a common share and half a purchase warrant, to fund exploration, development, and studies of its Black Pine Project and other projects in the Great Basin. The capital increase, free of finder’s or broker’s fees, aims to advance the company’s portfolio and bolster its financial standing. The offering is expected to close by May 17, 2024, subject to regulatory approvals.
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