American Pacific Boosts Private Placement to $4M

American Pacific Mining Corp (TSE:USGD) has released an update.

American Pacific Mining Corp has successfully upsized its non-brokered private placement to $4M due to high investor demand, with plans to aggressively advance exploration at its flagship projects. The funds will support development activities in the company’s Palmer and Madison projects, among others, and fulfill general corporate needs. The offering, which is now fully subscribed, will expedite the company’s growth without the usual hold period, as per Canadian securities laws.

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