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Carpathian Gold receives C$10M investment for Rovina Valley gold project development
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
State of the Market: Mining Q2-2020
CarpathianGold Inc. said May 9 that Forbes & Manhattan Resources Inc.will invest C$10 million in the company to help advance the gold project inRomania.
Following the private placement, Forbes will own about15.75% of Carpathian.
Forbes will subscribe to a private placement of units at 7Canadian cents apiece with each unit comprising 1 common share and 0.5 of ashare purchase warrant.
Each whole warrant will be exercisable for 1 common share at12 cents for two years.