Forte Minerals Launches $1.5 Million Exploration Funding
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Forte Minerals Launches $1.5 Million Exploration Funding

Forte Minerals Corp. (TSE:CUAU) has released an update.

Forte Minerals Corp. has launched a private placement offering aimed at raising $1.5 million by selling units at $0.20 each, which will fund drilling at their unexplored Pucarini gold prospect and further explorations at Esperanza and Alto Ruri. The offering includes common shares and purchase warrants, with a completion target date set for June 30, 2024. The proceeds are critical for the company’s exploration programs and general corporate purposes, with a possible finders’ fee for investment advisors who facilitate introductions.

For further insights into TSE:CUAU stock, check out TipRanks’ Stock Analysis page.

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