Pacgold Limited (AU:PGO) has released an update.
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Pacgold Limited has successfully issued over 24 million fully paid ordinary shares to institutional and sophisticated investors at $0.09 per share, under a placement announced earlier this year. This move reflects the company’s commitment to advancing its operations at the Alice River Gold Project in Northeast Queensland, a region known for its rich gold deposits. With a 100% interest in the project, Pacgold continues to explore and develop its mineral assets, positioning itself as a significant player in the exploration industry.
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