Puma Exploration (TSE:PUMA) has released an update.
Puma Exploration Inc. has successfully completed a $625,000 private placement without engaging finders, selling 5 million units to fund their Canadian exploration expenses. The raised capital is earmarked for advancing the exploration of the Williams Brook Gold Project and other assets in Northern New Brunswick. Investors in this placement have been granted warrants that could potentially accelerate if the company’s share price reaches a specified threshold.
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