West Red Lake Gold Announces Close of Upsized $41 Million Bought Deal Public Offering

West Red Lake Gold Announces Close of Upsized $41 Million Bought Deal Public Offering

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West Red Lake raises $41 million from upsized financing – Resource World Magazine

West Red Lake Gold Mines Ltd. [WRLG-TSXV] said it has raised $41 million from an upsized bought deal public offering and will use the proceeds to advance its Madsen mine in northwestern Ontario.  That’s up from earlier targets of $30 million and $36 million. Funding will be used to complete the ramp-up to commercial production and to pursue growth opportunities. The bought deal financing was comprised of 37.5 million common shares priced at 95 ce

West Red Lake Gold Announces Close of Upsized $41 Million Bought Deal Public Offering - PressReach

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