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Resouro Gold Inc. Raises $1.5 Million in Placement
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Resouro Gold Inc. Raises $1.5 Million in Placement

Resouro Gold Inc. (TSE:RSM) has released an update.

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Resouro Strategic Metals Inc. has successfully completed a private placement, raising $1.5 million by issuing common shares at a significant premium compared to their last capital raise. The funds are aimed at supporting general working capital, a prospective ASX listing, and advancing the Tiros Brazil exploration project. Investor confidence remains high as the company prepares for further market updates in the near future.

For further insights into TSE:RSM stock, check out TipRanks’ Stock Analysis page.

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