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Gold Mountain Mining Secures Additional $600,000 Funding

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Gold Mountain Mining Secures Additional $600,000 Funding

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The latest update is out from Gold Mountain Mining Corp. ( (TSE:GMTN) ).

Gold Mountain Mining Corp. has secured an additional $600,000 in funding through an amended secured convertible debenture with Nhwelmen Construction Limited Partnership, increasing the total principal amount to $5.6 million. This funding, which is subject to Toronto Stock Exchange approval, will be used for general working capital, enhancing the company’s financial flexibility to support ongoing operations and strategic initiatives.

More about Gold Mountain Mining Corp.

Gold Mountain Mining Corp. is a British Columbia-based company specializing in the production, exploration, and development of gold and silver. The company is primarily focused on the Elk Gold Mine, a producing mine located near Merritt in South Central British Columbia.

Average Trading Volume: 843,159

Technical Sentiment Signal: Sell

Current Market Cap: C$8.02M

Find detailed analytics on GMTN stock on TipRanks’ Stock Analysis page.

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