Angold Resources Ltd (TSE:AERO) has released an update.
Aero Energy Limited has increased its private placement offering to $5.9 million due to high investor interest, closing the first tranche at over $4.5 million. The funds raised will support Canadian exploration expenses for uranium projects in Saskatchewan, with a final tranche closing expected shortly. The offering consists of various unit types, including non-flow-through and flow-through units, each accompanied by share purchase warrants.
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