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Euro Sun raises C$8.6M for Rovina Valley gold project

Greenhouse gas and gold mines Nearly 1 ton of CO2 emitted per ounce of gold produced in 2019

Essential Metals & Mining Insights - September 2020

Essential Metals & Mining Insights - August 2020

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Euro Sun raises C$8.6M for Rovina Valley gold project

Euro Sun Mining Inc. completed its previously announced nonbrokered private placement, raising gross proceeds of C$8.6 million.

The company was aiming to raise up to C$10 million, with proceeds to be used to advance its Rovina Valley gold project in Romania and for general working capital.

Euro Sun issued 6,144,291 shares at C$1.40 apiece.

Additionally, the company noted Oct. 6 that it expects to close a concurrent brokered private placement at the same terms and issue price for gross proceeds of up to C$2 million by Oct. 10.