Nubian Resources (TSE:NBR) has released an update.
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Nubian Resources Ltd. successfully held its annual and special meeting, where shareholders approved all proposed resolutions, including the election of five board directors, auditor appointments, and potential company name change. The company also announced the first tranche closing of its private placement, raising $265,000 through the issuance of over 4.4 million units at $0.06 each, along with the payment of finder’s fees and issuance of finder’s warrants. This financing move could indicate a strategic direction for Nubian’s growth and investment opportunities.
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