P2 Gold (TSE:PGLD) has released an update.
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P2 Gold Inc. has expanded its private placement offering from 18 million to 20 million units, closing the final tranche at over a quarter million dollars. The funds raised will support exploration and development activities, specifically advancing the gold-copper Gabbs Project in Nevada. Units sold include common shares and warrants, with the potential for an accelerated warrant expiry based on the company’s stock performance.
For further insights into TSE:PGLD stock, check out TipRanks’ Stock Analysis page.