Renforth Resources (TSE:RFR) has released an update.
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Renforth Resources Inc. has announced the commencement of exploration activities on the Malartic Metals Package and the Parbec Gold Deposit in Quebec, aiming to expand their understanding of these projects through prospecting, mapping, and sampling techniques, including the innovative use of a ‘Beep Mat’. The company also disclosed a $200,000 capital raise through the issuance of common shares, notably without the offering of warrants. These developments indicate a proactive approach to exploration and funding, without diluting shareholder value with additional warrants.
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