Tocvan Ventures Corp. (TSE:TOC) has released an update.
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Tocvan Ventures Corp. has successfully completed the first tranche of its non-brokered private placement, raising $2.1 million, with a significant contribution from UK-based institutional investor Sorbie Bornholm LP. This funding will support the advancement of the company’s Pilar and Picacho Au-Ag projects in Sonora, Mexico, including the acquisition expansion around Pilar and enhancements in permitting and drilling for resource development. The offering saw strong support from both new and existing shareholders, indicating confidence in Tocvan’s project progression strategies.
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