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Thunder Bay gold digger raises cash for exploration

Premier Gold has raised $15 million in financing to advance its exploration projects in northwestern Ontario. The Thunder Bay junior miner announced Sept. 17 that it has completed its private placement of more than 4.
Northern Ontario Business Staff

 
Premier Gold has raised $15 million in financing to advance its exploration projects in northwestern Ontario.

The Thunder Bay junior miner announced Sept. 17 that it has completed its private placement of more than 4.1 million flow-through common shares at a price of $3.65 per share.

The company plans to use the gross proceeds from the sale for its Hardrock, Red Lake and PQ North projects.