Scottie Resources Corp. (TSE:SCOT) has released an update.
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Scottie Resources Corp. has struck a financing deal with Franco-Nevada Corporation, selling a 2.0% production royalty for C$8.1 million and engaging in a C$1.5 million private placement. This strategic move bolsters Scottie’s financial standing and enables further exploration of its properties in British Columbia’s prolific Golden Triangle. The company’s CEO expressed confidence in the partnership’s affirmation of Scottie’s value and potential for growth.
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