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Snowline Gold Corp. Secures C$25M for Yukon Exploration
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Snowline Gold Corp. Secures C$25M for Yukon Exploration

Snowline Gold Corp. (TSE:SGD) has released an update.

Snowline Gold Corp. has announced a significant C$25.0 million private placement of flow-through shares, managed by co-lead underwriters Cormark Securities Inc. and BMO Capital Markets. The proceeds will finance Canadian exploration expenses for the company’s gold projects in the Yukon, with the offering expected to close around April 23, 2024. Snowline Gold Corp., a prominent player in the Yukon gold exploration scene, is advancing its extensive portfolio in the Tintina Gold Province, known for several major gold deposits.

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

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