Spey Resources Announces New Options and Financial Moves

Spey Resources (TSE:SPEY) has released an update.

Spey Resources Corp. has secured a 100% interest in a Nova Scotia exploration property through an option agreement, which involves cash payments and common stock issuance. The company has also raised $380,000 through a private placement and is settling $153,500 of debt by issuing shares to preserve cash for working capital.

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