Sixty North Gold Mining Ltd. (TSE:SXTY) has released an update.
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Sixty North Gold Mining Ltd. has successfully completed a private placement, raising $499,000 through the sale of 9,980,000 units. This capital injection is aimed to support ongoing exploration and development of its wholly-owned Mon Gold Property, as well as general corporate functions. The Mon Gold Property, located near Yellowknife, is poised for growth with plans to mine and process high-grade gold following historical and recent explorations.
For further insights into TSE:SXTY stock, check out TipRanks’ Stock Analysis page.