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Lode Gold Surpasses Financing Goals with $2.08M Raise

Lode Gold Surpasses Financing Goals with $2.08M Raise

Stratabound Minerals (TSE:LOD) has released an update.

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Lode Gold Resources Inc., formerly known as Stratabound Minerals, successfully completed its oversubscribed private placement, raising a total of $2.08 million to fund exploration activities across its properties in New Brunswick, Yukon, and California. The company’s strategic turnaround plan received strong backing from key shareholders and board members, enabling it to exceed its initial $1.5 million funding target. Proceeds are earmarked for high-resolution magnetics, drill targeting, and testing high-grade conceptual models at its various gold projects.

For further insights into TSE:LOD stock, check out TipRanks’ Stock Analysis page.

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