Currently viewing Global edition

Wallbridge raises C$42.5 million to advance Fenelon

Wallbridge Mining (TSX: WM) has closed a non-brokered private placement, raising C$42.5 million (US$32 million), to advance its Fenelon gold project in north-western Quebec towards production.

Wallbridge raises C$42.5 million to advance Fenelon Wallbridge raises C$42.5 million to advance Fenelon Wallbridge raises C$42.5 million to advance Fenelon Wallbridge raises C$42.5 million to advance Fenelon Wallbridge raises C$42.5 million to advance Fenelon

Wallbridge’s Fenelon gold project in Quebec

The shares were issued at 57c. Wallbridge shares, which were trading about 16c a year ago, had opened at 62c on Friday and closed up 6.5% to 66c, capitalising it about $330 million (US$248 million).

topics

loader