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Fortune favours Gowest

Gowest Gold (TSXV: GWA) has announced its largest shareholder has agreed to an C$8 million (US$6 million) placement to help advance its Bradshaw gold project in Timmins, Ontario.

Fortune favours Gowest Fortune favours Gowest Fortune favours Gowest Fortune favours Gowest Fortune favours Gowest

Investment will not be enough to take Bradshaw into commercial production

The deal would take Chinese investment company Fortune Future Holdings' stake from 19.8% to 43.3%, and is subject to a one for 10 share consolidation.

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