Eminent Gold Corp. (TSE:EMNT) has released an update.
Eminent Gold Corp. has successfully completed the first tranche of its non-brokered private placement, raising over $1.28 million by issuing units at $0.26 each, which include common shares and purchase warrants. The additional funds are intended for general corporate purposes, including exploration activities, with a portion of the proceeds used to pay off debts and property holding costs. The offering has attracted interest from within the company itself, with a director participating by subscribing to 400,000 units.
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