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Rupert Resources Unveils $20M Equity Financing Plan
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Rupert Resources Unveils $20M Equity Financing Plan

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Rupert Resources (TSE:RUP) has released an update.

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Rupert Resources Ltd. has launched a $20 million equity financing deal via a bought deal and a concurrent private placement, aiming to fund ongoing exploration and studies on their Finnish properties. The company’s shares will be available through a short form prospectus in select Canadian provinces and privately in the U.S., with the expectation to close by August 1, 2024.

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

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