REBgold Corp (CVE:RBG) says it has closed the last tranche of its non-brokered private placement financing, raising a total of $1.4 million in the offering.
In the second tranche, the company issued 7.35 million units at a price of 12 cents apiece to Baker Steel Capital Managers, for gross proceeds of $881,920.
REBgold said it plans to use the new funds to secure additional projects, as well as to continue to invest in its Finnish properties, and for general working capital needs.
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