Angold Resources Ltd (TSE:AERO) has released an update.
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Aero Energy Limited has announced a $2.5 million non-brokered private placement to fund its mineral exploration projects in Saskatchewan’s Athabasca Basin. The funds will be generated through the sale of various unit types, including flow-through charity units, with proceeds directed toward work on key properties and general working capital. Eventus Capital Corp. will assist with the offering, which is subject to regulatory approvals.
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