Toronto-listed Granduc Mining has completed a previously announced $3.5-million financing with Conwest Exploration (TSE) and Jascan Resources (TSE).
Proceeds from the loan will be used to complete Granduc’s $10-million earn-in for a half interest in the Keystone gold project in northern Manitoba. The other half is held by Black Hawk Mining (TSE). Conwest owns two million shares of Granduc, while Jascan holds 815,330.
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