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Norse Gold seeks $1M to explore gold at its Morris Lake site, pending exchange approval.
Norse Gold Corp. has applied to reactivate its listing on the TSX Venture Exchange as a Tier 2 Mining Issuer, pending approval, and is raising up to $1 million through a non-brokered private placement of 10 million units at $0.10 each.
Proceeds will fund exploration on its 3,231-hectare Morris Lake Property in the Yellowknife Gold Belt, which holds multiple gold zones.
The company also granted 3.7 million stock options at $0.10 per share, exercisable until February 2031, to directors, officers, and consultants.
All activities are subject to regulatory approval and a four-month hold period on securities.
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Norse Gold busca $1M para explorar oro en su sitio de Morris Lake, a la espera de la aprobación de intercambio.