New Break Resources Ltd. (TSE:NBRK) has released an update.
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New Break Resources Ltd. is launching a non-brokered private placement offering to raise up to $600,000 for exploration activities at their Moray gold project. This funding will support an IP survey focusing on the gold-mineralized Fiset syenite intrusive, with plans to advance to a drilling program. The proceeds will also be allocated for general working capital.
For further insights into TSE:NBRK stock, check out TipRanks’ Stock Analysis page.