Heritage Mining Ltd. (TSE:HML) has released an update.
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Heritage Mining Ltd. has successfully completed the second tranche of its non-brokered private placement, raising a total of $157,000.04 to fund its exploration activities and general corporate expenses. The financing included the sale of units and flow-through units, with insiders of the company participating significantly in the offering. The proceeds will particularly support the company’s Drayton-Black Lake Project, with all issued securities being subject to a four-month statutory hold period.
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