Pacific Ridge Exploration (TSE:PEX) has released an update.
Pacific Ridge Exploration Ltd. has announced an increase in its non-brokered private placement financing from $1,350,500 to $1,650,500, in response to high investor demand. The raised funds will support further exploration at their wholly-owned Kliyul copper-gold project in British Columbia. The company will issue units and flow-through units, offering common shares and warrants, with the proceeds aimed at expanding their exploration activities and strengthening general working capital.
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