New Break Resources Announces C$550K Private Placement to Fund Moray Gold Drilling

New Break Resources (NBRK.CN) has announced plans to raise up to C$550,000 through a non-brokered private placement. The offering consists of 2.5 million flow-through shares priced at C$0.22 per share. The capital raised is specifically earmarked for eligible Canadian exploration expenses. These funds will primarily support the company's upcoming drilling programs at its Moray gold project, aimed at advancing its mineral resource assessment.

By Sara Sethiya, SA News Editor · Seeking Alpha ·

New Break Resources Announces C$550K Private Placement to Fund Moray Gold Drilling

Tickers: $NBRKF

Topics: capital raising exploration financing flow-through shares

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