Maclaren Minerals Ltd. (TSE:MRN) has released an update.
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Maclaren Minerals Ltd. has successfully completed a non-brokered private placement, raising C$361,185.02 through the sale of over 5 million common shares. The funds raised are earmarked for general corporate expenditures and working capital. The private placement is contingent on regulatory approvals and adheres to a four-month holding period as per Canadian securities laws.
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