Funds To Support Return To Mining In Finland
Otso Gold Corp. (TSXV:OTSO) has received US$11.155 million from the exercise of 284,944,440 common share purchase warrants previously issued to Brunswick Gold Ltd on a private placement basis on February 8, 2021.
The company intends using the proceeds to continue its return to production of the Otso Gold Mine, targeted in Q3.
Otso Gold Corp. wholly owns the Otso Gold Mine near the Town of Raahe, Finland.
Otso Gold Mine is fully built, fully permitted, has all infrastructure in place, two open pits
and is progressing towards a restart at two million tonnes per annum throughput.
For further information, please contact: https://www.otsogold.com/