Probe Gold Secures $18M for Exploration Projects

Probe Metals (TSE:PRB) has released an update.

Probe Gold Inc. has successfully closed an $18 million bought-deal private placement, selling both non-flow-through and flow-through common shares to fund Canadian exploration expenses and advance its Novador and Detour Gold projects. The proceeds will also support working capital, with securities subject to a four-month hold period as per Canadian laws. The company has committed to renouncing qualifying expenditures to subscribers by the end of 2024.

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