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Cariboo Rose Resources Announces $400,000 Private Placement for Project Expansion

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Cariboo Rose Resources Announces $400,000 Private Placement for Project Expansion

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Cariboo Rose Resources ( (TSE:CRB) ) has issued an update.

Cariboo Rose Resources Ltd. announced a non-brokered private placement to raise up to $400,000. The funds will be used to expand the 2025 summer drill program at its Lightning Strike exploration project and for general working capital. The Lightning Strike Project, which has shown promising drill results, is part of the company’s portfolio of gold-copper-silver projects in British Columbia.

More about Cariboo Rose Resources

Cariboo Rose Resources Ltd. is a company operating in the mining industry, focusing on the exploration and development of gold, copper, and silver projects. The company owns several projects in British Columbia, including the Lightning Strike Project, which is a shale-hosted gold-silver project.

Average Trading Volume: 63,000

Technical Sentiment Signal: Sell

Current Market Cap: C$2.03M

Learn more about CRB stock on TipRanks’ Stock Analysis page.

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