NexGold and Signal Gold increase joint financing deal to C$17m for acquisition and gold project advancement in Ontario and Nova Scotia.
NexGold Mining Corp. and Signal Gold Inc. have increased their joint financing deal to C$17 million due to strong demand. This funding supports NexGold's acquisition of Signal Gold and aims to advance their gold projects in Ontario and Nova Scotia. Proceeds will be used for debt retirement and exploration. The companies expect to finalize the acquisition and financing by October 2024. Both firms are listed on TSXV and OTCQX exchanges.
October 23, 2024
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