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Lode Gold Completes $1.51 Million Financing to Boost Exploration Efforts

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Lode Gold Completes $1.51 Million Financing to Boost Exploration Efforts

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Stratabound Minerals ( (TSE:LOD) ) has shared an announcement.

Lode Gold Resources Inc. has successfully completed its non-brokered private placement offering, raising a total of $1.51 million. The funds will be used to advance business plans for Lode Gold and its subsidiary, Gold Orogen. This financing supports the company’s ongoing exploration and development efforts in Canada and the United States, potentially enhancing its market position and operational capabilities.

More about Stratabound Minerals

Lode Gold Resources Inc. is an exploration and development company operating in Canada and the United States. In Canada, it holds assets in the Yukon and New Brunswick, focusing on gold exploration with significant land packages and confirmed gold endowment. In the United States, the company is advancing its Fremont Mine in California, a brownfield project with substantial exploration potential and infrastructure.

Average Trading Volume: 36,421

Technical Sentiment Signal: Strong Sell

Current Market Cap: C$8.38M

For detailed information about LOD stock, go to TipRanks’ Stock Analysis page.

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