Sixty North Gold Mining Ltd. (TSE:SXTY) has released an update.
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Sixty North Gold Mining Ltd. is seeking to raise $690,000 through a private placement of over 13 million units at $0.05 each, which includes shares and warrants with specific exercise conditions. The proceeds are aimed at supporting the company’s claim maintenance, exploration, and development activities on its Mon Gold Property. This initiative reflects ongoing efforts to advance their mining operations, including extending a ramp to a high-grade vein and planning for future processing.
For further insights into TSE:SXTY stock, check out TipRanks’ Stock Analysis page.
