Lion Copper and Gold (TSE:LEO) has released an update.
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Lion Copper and Gold Corp. is launching a non-brokered private placement of over 22 million units to raise up to $1 million, with each unit including a common share and a warrant. The proceeds are aimed at bolstering general working capital and repaying debt. Additionally, the company has issued warrants to certain creditors to ensure equal compensation for a previous debt settlement.
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