Provenance Gold Corp. (TSE:PAU) has released an update.
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Provenance Gold Corp. has successfully completed the first tranche of its non-brokered private placement, raising $1,033,100. The company issued over 12.9 million units at $0.08 each, which includes a common share and a purchase warrant, with the latter allowing the purchase of additional shares at $0.12 until 2027. These funds are set to advance the core drilling program at their Eldorado property in Oregon, with updates on exploration activities expected in the coming weeks.
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