White Metal Resources (TSE:TGOL) has released an update.
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Thunder Gold Corp, previously known as White Metal Resources Corp, is launching a non-brokered private placement to raise $1 million by selling units at $0.03 each, which includes a common share and a purchase warrant. The raised funds are intended for general working capital and to further develop the company’s gold property in Ontario. The financing, which is awaiting TSXV approval, is expected to close by August 30, 2024, and will not be used for payments to non-arm’s length parties.
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