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The latest announcement is out from Advance United Holdings ( (TSE:AUEX) ).
Advanced Gold Exploration Inc. has successfully closed its non-brokered private placement, issuing 494,670 units at $0.05 per unit, raising $24,733.50. The proceeds will be used for general corporate and working capital purposes, with each unit comprising one common share and one purchase warrant, allowing acquisition of an additional share at $0.10 within three years. This financial maneuver is expected to bolster the company’s operational capabilities and enhance its market positioning in the mineral exploration industry.
More about Advance United Holdings
Advanced Gold Exploration Inc. is a Canadian mineral exploration company specializing in acquiring undervalued gold and copper properties. The company focuses on enhancing the economic value of these properties through modern technology and systematic exploration without the intention of mining them. Their strategy involves reworking historical data and applying new technology to document resources and reserves, aiming to bring value to partners and shareholders while minimizing exploration risk.
Average Trading Volume: 122,486
Technical Sentiment Signal: Sell
Current Market Cap: C$397.5K
See more data about AUEX stock on TipRanks’ Stock Analysis page.
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