Sky Gold Corp Raises Funds for Exploration

Sky Gold Corp (TSE:SKYG) has released an update.

Sky Gold Corp. has successfully completed the first tranche of its non-brokered private placement, raising $330,000 through the issuance of 6.6 million units. Each unit includes a common share and a share purchase warrant, with the latter allowing the purchase of additional shares at a set price for 36 months. The funds will bolster the company’s mining project explorations and general administrative needs.

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