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1911 Gold Secures $7.78 Million in Private Placement

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1911 Gold Secures $7.78 Million in Private Placement

1911 Gold (TSE:AUMB) has released an update.

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1911 Gold Corporation has successfully closed its non-brokered private placement, raising $7.78 million with a lead investment from a corporate investor. The funds will support exploration programs in Manitoba and optimize future underground mining operations. The offering was made in Canada and the U.S., with securities subject to a hold period under Canadian laws.

For further insights into TSE:AUMB stock, check out TipRanks’ Stock Analysis page.

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