Leocor Gold Inc (TSE:LECR) has released an update.
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Leocor Gold Inc. has successfully completed a non-brokered private placement, raising $1.915 million through the issuance of over 38 million units priced at $0.05 each. The funds are earmarked for the advancement of gold and copper projects in Newfoundland and for general corporate purposes. The offering included finder’s fees and additional warrants, with the company’s CFO, Brian Shin, personally investing in the placement.
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