Aurion Resources (TSE:AU) has released an update.
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Aurion Resources Ltd. is set to raise up to CAD$5.0 Million through a private placement of common shares, facilitated by Red Cloud Securities Inc. The funds are earmarked for the development of the company’s Risti property in Finland and for general corporate purposes. The offering, which excludes the province of Québec, is expected to close by August 7, 2024, pending regulatory approvals.
For further insights into TSE:AU stock, check out TipRanks’ Stock Analysis page.