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Boreal Gold Inc. ( (TSE:BGLD) ) has issued an announcement.
Boreal Gold Inc. has announced a non-brokered private placement financing to raise up to $251,000. The funds will be used for general working capital and exploration activities on the Fay Lake and Melgurd Lake properties. The company plans a comprehensive exploration program in 2025, including ground geophysical surveys and drilling, contingent on successful financing. This initiative aims to enhance Boreal Gold’s operational capabilities and strengthen its position in the mining sector.
More about Boreal Gold Inc.
Boreal Gold Inc. operates in the mining industry, focusing on the exploration and development of mineral properties. The company is primarily engaged in the extraction of gold and other valuable minerals, with a market focus on properties located in Manitoba and Saskatchewan, Canada.
Average Trading Volume: 5,302
See more data about BGLD stock on TipRanks’ Stock Analysis page.