NorthIsle Copper and Gold (TSE:NCX) has released an update.
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NorthIsle Copper and Gold Inc. is set to raise approximately C$9 million through a private placement financing, offering common shares to institutional investors and existing shareholders. The funds will support exploration and project development, with a portion allocated to qualifying Canadian exploration expenses. The transaction, led by Paradigm Capital Inc., is expected to close by December 5, 2024, pending regulatory approval.
For further insights into TSE:NCX stock, check out TipRanks’ Stock Analysis page.