Pirate Gold Corp., based in St. John's, Newfoundland and Labrador, has reported plans for a private placement aimed at raising up to $15 million. The company will work with Canaccord Genuity Corp. as the broker for this offering. The capital raised through this flow-through financing is intended to be utilized for the company's ongoing mining operations and further development initiatives. This move reflects the growing interest in mining projects within the region and underscores the company's commitment to expand its activities. The details of the placement and its implications for stakeholders will be provided as the process unfolds.
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