Rupert Resources (TSE:RUP) has released an update.
Rupert Resources Ltd. has launched a $20 million equity financing deal via a bought deal and a concurrent private placement, aiming to fund ongoing exploration and studies on their Finnish properties. The company’s shares will be available through a short form prospectus in select Canadian provinces and privately in the U.S., with the expectation to close by August 1, 2024.
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