G Mining Ventures (TSE:GMIN) has released an update.
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G Mining Ventures (GMIN) has successfully closed a $50 million private placement with investors La Mancha and Franco-Nevada, and received court approval for a strategic arrangement with Reunion Gold. These moves are set to enhance GMIN’s position in the market, with the arrangement expected to conclude shortly, ushering in a new phase for the company as it prepares to list the shares of its new entity on the Toronto Stock Exchange.
For further insights into TSE:GMIN stock, check out TipRanks’ Stock Analysis page.