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Probe to raise C$10m for exploration

13th December 2023

By: Creamer Media Reporter

     

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Exploration company Probe Gold has announced a C$10-million bought-deal financing to fund exploration and drilling at projects in Quebec.

The company, which is listed on the TSX, entered into an agreement with a syndicate of underwriters led by BMO Capital Markets, which will buy on a bought-deal basis 4 545 400 flow-through common shares at C$2.20 a share.

The net proceeds will be used for the Novador and Detour projects.

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Edited by Creamer Media Reporter

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