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Snowy Owl Gold Advances with New Funding Milestone

Snowy Owl Gold Advances with New Funding Milestone

Snowy Owl Gold Corp (TSE:SNOW) has released an update.

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Snowy Owl Gold Corp. has successfully completed its fourth round of private placement, raising $130,000 through the issuance of 2.6 million subscription receipts at $0.05 each. The total funds amassed from all four rounds amount to $820,000, with the company potentially seeking to reach a maximum of $1 million. Investors holding subscription receipts are poised to automatically receive shares and warrants upon the fulfillment of certain conditions related to a proposed transaction and CSE listing approvals.

For further insights into TSE:SNOW stock, check out TipRanks’ Stock Analysis page.

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