Troilus Gold Corp (TSE:TLG) has released an update.
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Troilus Gold Corp. has expanded its financial reach with a $28 million bought deal offering, upsizing from initial plans due to robust demand. The capital raised will finance exploration and development of the Troilus gold project in Québec as well as supplement working capital and general corporate needs. This strategic move will also provide flow-through benefits to investors, adhering to Canada’s tax incentive programs for resources exploration.
For further insights into TSE:TLG stock, check out TipRanks’ Stock Analysis page.
