Outcrop Gold (TSE:OCG) has released an update.
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Outcrop Silver & Gold Corporation has announced a public offering aiming to raise $3 million through the sale of units at $0.15 each, with added warrants allowing further share purchases at $0.22. The proceeds are intended for the development of the Santa Ana Project, along with working capital and general corporate uses, with an expected closing around March 11, 2024. Investors can access details via a prospectus supplement to the company’s shelf prospectus on SEDAR+.
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