Newcore Gold Announces $12 Million Brokered Private Placement Financing
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Newcore Gold Ltd. has announced a $12 million brokered private placement financing agreement with Paradigm Capital Inc. The offering involves up to 32,877,000 units at $0.365 per unit.
February 10, 2025 | 9:45 pm
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Newcore Gold Ltd. has secured a $12 million brokered private placement financing, which could provide the company with additional capital for growth and operations.
The $12 million financing provides Newcore Gold with significant capital, potentially enhancing its financial stability and growth prospects. This is likely to positively impact the stock price in the short term as investors may view the capital raise as a sign of strength and potential for expansion.
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