1911 Gold (TSE:AUMB) has released an update.
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1911 Gold Corporation has announced that Eric Sprott exercised warrants resulting in a $1.67 million investment into the company, increasing his ownership to 22% of the company’s shares. This financial boost will support the company’s planned drilling operations at their Rice Lake Gold property in Manitoba, which is part of a larger strategy to develop a mining district in the region.
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