American Pacific Mining Corp (TSE:USGD) has released an update.
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American Pacific Mining Corp has upsized its fully subscribed private placement to $4.5 million due to high investor demand, demonstrating strong confidence in the company’s exploration projects. The increased funds will be directed towards advancing the company’s flagship assets, such as the Palmer Project in Alaska and the Madison Project in Montana, as well as for general corporate purposes. The securities offered will be exempt from the usual holding period, allowing for immediate trading under Canadian securities laws.
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