Northern Superior Resources (TSE:SUP) has released an update.
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Northern Superior Resources Inc. has announced a $7 million private placement, consisting of flow-through and common shares, with the proceeds aimed at funding Canadian exploration expenses and general corporate needs. The company has entered a ‘bought deal’ with Cormark Securities Inc., targeting a closing date around May 28, 2024. Canadian residents can invest without a hold period, and the offering document is available on SEDAR+.
For further insights into TSE:SUP stock, check out TipRanks’ Stock Analysis page.