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New Break Resources Plans to Raise Up to C$550,000 for Moray Drilling

The proposed non-brokered placement would sell 2.5 million flow-through shares at C$0.22 each, with proceeds intended for eligible Canadian exploration expenses.

By John Kim
Published
A drill rig rises above exposed bedrock at a remote exploration site / TokenPost.ai
A drill rig rises above exposed bedrock at a remote exploration site / TokenPost.ai

New Break Resources Ltd. (NBRKF) plans to raise up to C$550,000 in a private placement to support Moray gold drilling. The company announced the plan Oct. 30.

The proposed non-brokered financing consists of 2.5 million flow-through shares at C$0.22 each. Proceeds are intended for eligible Canadian exploration expenses.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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