Unigold Inc (TSE:UGD) has released an update.
Unigold Inc. has successfully closed the first tranche of its non-brokered private placement, raising $248,950 by issuing over 3 million units at $0.08 each. These funds will bolster the exploration and development of the company’s Neita Concession in the Dominican Republic, as well as support general working capital needs. The transaction included substantial investments from company insiders, adhering to regulatory exemptions and disclosure requirements.
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