Mayo Lake Minerals, Inc. (TSE:MLKM) has released an update.
Mayo Lake Minerals Inc. reports significant progress in its merger with WestMountain Gold, Inc., with the successful closing of the third tranche of its $1.4 million private placement, which will contribute to the company’s general corporate purposes. The merger will create a diversified entity with promising gold and silver prospects in the Tintina Gold Province, and proceeds from the merger financing will fund an aggressive drill program to expand gold resources. The combined expertise of Mayo’s geological team and WestMountain’s on-site experience positions the merged company for successful exploration and development.
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