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Oban moves to exploration

Ned Goodman’s Dundee Securities has backed Oban Mining with a flow-through share financing to fund exploration on its Canadian gold projects.

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High grade … Oban has made the newly acquired Windfall Lake gold project in Quebec its priority

Dundee, which already owned 18% of the company, agreed to purchase just under 6.5 million flow-through shares of Oban at a price of C$1.