West Red Lake Gold Mines (TSE:WRLG) has released an update.
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West Red Lake Gold Mines has secured over C$68 million in funding to restart its Madsen Gold Mine, with production expected to recommence in 2025. The financing includes a US$35 million loan and a C$20 million equity offering, positioning the company to complete necessary studies and projects for the mine’s restart.
For further insights into TSE:WRLG stock, check out TipRanks’ Stock Analysis page.
