Zonte Metals (TSE:ZON) has released an update.
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Zonte Metals is initiating a non-brokered private placement aiming to raise up to $750,000 through the sale of shares and warrants, pending regulatory approval. The funds will be directed towards working capital and exploration activities at their Cross Hills Iron Oxide Copper Gold Property in Newfoundland and Labrador. Investors have the opportunity to participate with potential benefits from finders’ fees and warrants.
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