VR Resources (TSE:VRR) has released an update.
VR Resources Ltd. has successfully completed a $900,000 financing round and is proceeding with plans to initiate its inaugural drill program at the New Boston porphyry copper-moly system in Nevada. The company issued nearly 6 million units at $0.15 each, with proceeds aimed at advancing mineral exploration, particularly the upcoming drilling project. The financing also included participation from an insider, complying with regulatory exemptions.
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