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Brascan Gold ( (TSE:NORD) ) has provided an announcement.
Nordique Resources has successfully closed a non-brokered private placement, issuing 10,000,000 common shares at $0.15 each, raising $1,500,000 in gross proceeds. The funds will be used for exploration expenditures and general working capital, potentially strengthening the company’s operational capabilities and market position in the gold exploration sector.
More about Brascan Gold
Nordique Resources is a Canadian exploration company focused on advancing high-potential gold opportunities. It aims to build a diversified portfolio across prospective mineral belts, with current property interests including the Fairview Project in British Columbia and the Isoneva Project in Finland.
Average Trading Volume: 58,966
Technical Sentiment Signal: Buy
Current Market Cap: C$8.9M
Learn more about NORD stock on TipRanks’ Stock Analysis page.