CORPORATE FINANCE
Precious metals investor Eric Sprott will invest C$2-million in gold explorer Northern Superior Resources, which is also undertaking a private placement financing in parallel to raise up to C$2.5-million. The Sudbury, Ontario-based company said it plans to spend the proceeds on exploration work at its cornerstone Croteau Est project, in Quebec’s famed Chibougamou mining camp, and its district-scale Ti-pa-haa-kaa-ning (TPK) gold/silver/copper property, in north-western Ontario.
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