Pacific Bay Secures Funding for Exploration

Pacific Bay Minerals (TSE:PBM) has released an update.

Pacific Bay Minerals Ltd. has successfully completed the first tranche of its non-brokered private placement, raising $212,470 through the issuance of Hard Units and Flow-Through Units. The funds are earmarked for exploration of mineral projects in British Columbia, Canada, as well as for corporate purposes. The transaction included insider participation and adhered to TSXV regulatory requirements, while finders’ fees were paid in line with the policy.

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