Norsemont Mining Announces Major Private Placement

Norsemont Capital (TSE:NOM) has released an update.

Norsemont Mining Inc. has launched a non-brokered private placement initiative comprising two offerings: the sale of up to 10.2 million units at ten cents each, and secured convertible debentures totaling up to three million dollars. These fundraising efforts are designed to enhance the company’s working capital, with the securities offered subject to Canadian Securities Exchange approval and not registered under the U.S. Securities Act.

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