Alma Gold (TSE:ALMA) has released an update.
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Alma Gold Inc. has successfully completed a non-brokered private placement, raising $305,000 through the issuance of 6.1 million units at $0.05 each, which includes shares and warrants. The company plans to use the proceeds for general working capital and to settle $154,537.90 in debts with creditors through the issuance of shares. The debt settlement is expected to close on July 12, 2024, helping to streamline the company’s financial position.
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