Desert Gold Ventures (TSE:DAU) has released an update.
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Desert Gold Ventures Inc. successfully completed a non-brokered private placement, raising CAD $1.12 million by issuing over 15 million units priced at CAD $0.07 each. The funds are earmarked for a Preliminary Economic Assessment on gold extraction from its Barani East and Gourbassi West deposits. Despite the involvement of an internal director in the financing, the company maintains compliance with transaction regulations.
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