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Exploration|Gold|Industrial|PROJECT
Exploration|Gold|Industrial|PROJECT
exploration|gold|industrial|project

Rubicon to raise up to C$12m for Ontario exploration

23rd September 2019

By: Creamer Media Reporter

     

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TSX-listed Rubicon Minerals on Friday announced a private placement of shares to raise between C$8-milion and C$12-million for continued exploration and development of its Phoenix gold project, in the Red Lake gold district of Ontario.

Cormark Securities is the lead agent, along with Canaccord Genuity, Mackie Research Capital, BMO Capital Markets, Industrial Alliance Securities, Laurentian Bank Securities, Legacy Hill Capital and TD Securities.

The offering is scheduled to close on October 10.

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Edited by Creamer Media Reporter

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