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Prospector Metals Secures Property and Funds

Prospector Metals Secures Property and Funds

Ethos Gold (TSE:PPP) has released an update.

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Prospector Metals Corp. has successfully completed the acquisition of the ML Property from Troilus Gold Corporation and has concluded a private placement, raising $2 million. With the acquisition, Troilus now holds a 19.9% interest in Prospector, while the private placement involved issuing units that combine common shares and purchase warrants, enhancing the company’s financial flexibility.

For further insights into TSE:PPP stock, check out TipRanks’ Stock Analysis page.

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