G Mining Ventures (TSE:GMIN) has released an update.
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G Mining Ventures Corp. announced the successful shareholder approval of a strategic arrangement with Reunion Gold, alongside a $50 million private placement with investors La Mancha and Franco-Nevada. The arrangement is set to close on July 15, 2024, which will see the formation of a new entity listed on the TSX, enhancing the combined business’s management and growth prospects.
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