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Pacific Bay Minerals ( (TSE:PBM) ) has issued an announcement.
Pacific Bay Minerals Ltd. has announced a $2 million private placement to fund the acquisition and early-stage exploration of the Pereira-Velho Gold Project in Brazil. The company aims to strengthen its strategic focus in Brazil with the transition of Elton Pereira to Country Manager, reflecting its commitment to leveraging local expertise and enhancing its operational leadership.
More about Pacific Bay Minerals
Pacific Bay Minerals is a Canadian mineral exploration company focused on the acquisition, exploration, and development of mining projects. The company is currently advancing its Pereira-Velho Gold Project in Brazil and holds 100%-owned properties in British Columbia.
Average Trading Volume: 27,309
Technical Sentiment Signal: Buy
Current Market Cap: C$5.31M
Find detailed analytics on PBM stock on TipRanks’ Stock Analysis page.