Forty Pillars Mining Corp (TSE:PLLR) has released an update.
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Forty Pillars Mining Corp is launching a private placement of 4,545,455 flow-through shares at $0.11 each, aiming to raise up to $500,000 for exploration expenses in Quebec. The proceeds will be used for Canadian exploration expenses on the Val D’Or North property, with tax benefits for investors under Canadian and Quebec tax laws. The offering is subject to regulatory approvals and a four-month hold period for the securities.
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