https://newsletter.mw.creamermedia.com
Exploration|Gold|PROJECT|Projects|Drilling
Exploration|Gold|PROJECT|Projects|Drilling
exploration|gold|project|projects|drilling

Probe raises C$15m for exploration

31st May 2024

By: Creamer Media Reporter

     

Font size: - +

Exploration and development company Probe Gold has announced a C$15-million bought-deal private placement to fund exploration and development at Canadian projects.

The Toronto-listed firm will offer 2.07-million non-flow-through shares at C$1.21 each for C$2.5-million and 6.31-million shares at C$1.98 a share for C$12.5-million.

Probe will use the proceeds of the offering to continue exploration and drilling at its flagship Novador project, in Quebec, and its early-stage Detour gold project, in Ontario.

At Novador, Probe is planning a mine that can produce up to 255 000 oz over 12.6 years.

The offering will close on June 19.

Edited by Creamer Media Reporter

Comments

Showroom

Multotec
Multotec

Multotec, recognised industry leaders in metallurgy and process engineering help mining houses across the world process minerals more efficiently,...

VISIT SHOWROOM 
Immersive Technologies
Immersive Technologies

Immersive Technologies is the world's largest, proven and tested supplier of simulator training solutions to the global resources industry.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 06 June 2025
Magazine round up | 06 June 2025
6th June 2025
This week: Following Shuka, two more JSE listings on way; Valterra Platinum makes its debut on the JSE; and, Key public-private direction missing in new draft Minerals Bill, Junior Indaba hears
Resources Watch
4th June 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.189 0.266s - 163pq - 2rq
Subscribe Now