Jazz Resources (TSE:JZR) has released an update.
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JZR Gold Inc. has announced an extension for closing its private placement offering of convertible debentures, aiming to raise up to $1.7 million, after initially closing the first tranche at $1.5 million. The deadline, extended by the TSX Venture Exchange, is now set for September 5, 2024. The proceeds from the offering will fund operations of their 800-tonne-per-day mill, future explorations at the Vila Nova Gold project in Brazil, pay off certain liabilities, and provide general working capital.
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