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Message: TSXV-Listed Puma Exploration Raising C$0.45 Million in Flow-Through Unit Placement; Adds Claims to Triple Fault Project
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TSXV-Listed Puma Exploration Raising C$0.45 Million in Flow-Through Unit Placement; Adds Claims to Triple Fault Project

posted on Jul 28, 2020 08:47PM
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2020-07-28 03:13:40 PM ET (MT Newswires)
   
   

03:13 PM EDT, 07/28/2020 (MT Newswires) -- Puma Exploration (PUMA.V) was steady after the company on Tuesday said it added additional claim lands to its Triple Fault Gold Project in New Brunswick and is launching a C$0.45 million private placement of flow-through share units.

The company said it will place up to 4.5 million share units priced at C$0.10 each and made up of a tax-advantaged share and one half of a two-year warrant to buy a common share for C$0.15.

The company said the funds will be used to pay for exploration of the Triple Fault project, where it added six new claim blocks totalling 3,590 hectares.

Puma shares were last seen unchanged at C$0.09 on the TSX Venture Exchange.
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