Red Pine Exploration (TSE:RPX) has released an update.
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Red Pine Exploration Inc. successfully completed a ‘bought deal’ private placement, raising C$11,000,358 in gross proceeds, which will fund Canadian exploration expenses and corporate needs. The deal included various common shares and flow-through shares, and the funds are earmarked for exploration at the Wawa Gold Project in Ontario, as well as for general corporate purposes.
For further insights into TSE:RPX stock, check out TipRanks’ Stock Analysis page.