Gold Bull Resources Secures $1.36M in Funding

Gold Bull Resources Corp. (TSE:GBRC) has released an update.

Gold Bull Resources Corp. has successfully completed an over-subscribed non-brokered private placement, raising CA$1.36 million, with the issuance of over 5 million common shares and warrants. The raised funds are earmarked for further exploration and general working capital, with trading restrictions on the newly issued securities until July 2024. The company’s Sandman Project, acquired from Newmont, shows promising gold resources with ongoing exploration.

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