Mono raises funds

Mono Gold Mines has completed a flow-through share issue of 500,000 shares at 60 cents per share. The private placement will provide $300,000 to the company.

The cash will fund additional exploration at the company’s gold property near Madoc, Ont. Based on almost 30,000 ft of diamond drilling completed by the company, Mono estimates reserves of 249,940 tons grading 0.446 oz gold per ton.


Print


 

Republish this article

Be the first to comment on "Mono raises funds"

Leave a comment

Your email address will not be published.


*


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close