Gold79 Mines Launches $4M Fundraising for Gold Exploration

Gold79 Mines (TSE:AUU) has released an update.

Gold79 Mines Ltd. has announced a non-brokered private placement aiming to raise $4 million, with the funds intended for the advancement of the company’s gold exploration endeavors in the southwest United States, including the Gold Chain project. The offering will occur in conjunction with their planned amalgamation with Bullet Exploration Inc., and the raised capital will be utilized regardless of the merger’s completion. Units for the offering are priced at $0.25, including a common share and a half warrant, which could accelerate under certain trading conditions.

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