Maple Gold Mines Ltd (TSE:MGM) has released an update.
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Maple Gold Mines Ltd. has announced a major restructuring transaction with Agnico Eagle, allowing Maple Gold to gain full ownership of the Douay and Joutel Gold Projects in Québec. Additionally, they plan to raise C$4.05 million through a private placement of flow-through shares. This strategic move consolidates Maple Gold’s position in the region and opens up the prospect of sole exploration and development of these high-grade mining assets.
For further insights into TSE:MGM stock, check out TipRanks’ Stock Analysis page.
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