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

Latest Multimedia

Martin Creamer talks about safety, ruthenium and a new palladium centre plan.
On-The-Air (18/04/2025)
Updated 6 hours ago By: Martin Creamer

Latest News

Magazine round up | 18 April 2025
Magazine round up | 18 April 2025
18th April 2025

Showroom

Weir
Weir

Weir is a global leader in mining technology. We recognise that our planet’s future depends on the transition to renewable energy, and that...

VISIT SHOWROOM 
BOVA Safety Wear
BOVA Safety Wear

BOVA cemented their reputation in Africa by delivering high quality engineering through their range of safety footwear. 21 years after producing...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Hillside Aluminium smelter in South Africa’s KwaZulu-Natal.
Hillside Aluminium guiding unchanged output for 2025 financial year
17th April 2025 By: Martin Creamer
Andrada CEO Anthony Viljoen.
Andrada looking to opening more mines in Namibia
16th April 2025 By: Martin Creamer
Resources Watch
Resources Watch
16th April 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:0.147 0.222s - 180pq - 2rq
Subscribe Now