Goliath Resources (TSE:GOT) has released an update.
Goliath Resources Limited has expanded its non-brokered private placement to $12,750,000 with renowned investor Mr. Rob McEwen increasing his stake to 3.8% by purchasing 800,000 shares. The financing involves charity flow-through and regular flow-through shares, aiming to fund Canadian exploration expenses and mining expenditures, with certain tax credits available to BC residents. The company, active in the Golden Triangle of British Columbia, is backed by prominent shareholders and supports collaborative ventures in mining education.
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