CAPITAL RAISING
West Red Lake, the owners of the Madsen gold mine in Ontario, has announced a C$30-million bought deal public offering of units.
The TSX-V-listed firm entered into an agreement with Raymond James as sole bookrunner to purchase 27.78-million units and 11.24-million charity flow-through units at C$0.72 per unit and C0.89 per charity flow-through unit.
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