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Adyton Resources Eyes Growth with Private Placement and Potential JV

Adyton Resources Eyes Growth with Private Placement and Potential JV

Adyton Resources Corporation (TSE:ADY) has released an update.

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Adyton Resources Corporation has launched a non-brokered private placement aiming to raise up to C$1,000,000 through the sale of 50,000,000 common shares at $0.02 each. The capital raised will support corporate activities, exploration, and tenement holding costs. Additionally, the company is in early talks for a potential joint venture on its Fergusson Island gold project with an Asian mining and engineering group.

For further insights into TSE:ADY stock, check out TipRanks’ Stock Analysis page.

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