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Canadian Gold Corp. Raises Funds for Gold Expansion

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Canadian Gold Corp. Raises Funds for Gold Expansion

Satori Resources (TSE:CGC) has released an update.

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Canadian Gold Corp. has successfully completed a significantly oversubscribed private placement, raising a total of $1,634,995 for its mining exploration projects. The company plans to use the funds primarily for its Phase 3 exploration program at the Tartan Lake property, aiming to expand the gold resource. This financial move underscores Canadian Gold’s commitment to advancing its flagship mining property and enhancing shareholder value.

For further insights into TSE:CGC stock, check out TipRanks’ Stock Analysis page.

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