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An announcement from Amseco Exploration ( (TSE:CAN) ) is now available.
Canadian Gold Resources Ltd. has announced a non-brokered private placement financing to raise up to $3 million, with $2 million in NFT Units and $1 million in FT Units. The proceeds will be used for exploration and drilling on the Lac Arsenault, Robidoux, and VG Boulder projects, as well as for working capital. The offering is expected to close on November 7, 2025, subject to regulatory approvals, and will be available in all Canadian provinces except Quebec. The financing is part of the company’s strategy to enhance its exploration activities and strengthen its market position.
More about Amseco Exploration
Canadian Gold Resources Ltd. (TSXV: CAN) is a junior exploration company focused on advancing high-grade gold properties in Quebec’s Gaspé Peninsula. The company aims to unlock the potential of historically explored assets through modern exploration and development, supported by a management team with a proven track record in discovery and project advancement.
Average Trading Volume: 252,249
Technical Sentiment Signal: Hold
Current Market Cap: C$5.99M
For an in-depth examination of CAN stock, go to TipRanks’ Overview page.