Amex Exploration (TSXV: AMX) has announced a private placement of up to C$30M, led by a strategic investment from Eldorado Gold. The offering consists of a mix of flow-through and hard-dollar units, with each unit including one common share and a half warrant. Proceeds will be used to advance exploration and development at the company’s flagship Perron Gold Project in Quebec, as well as for general corporate purposes.
Eldorado Gold’s participation represents a strong endorsement of the Perron Project and Amex’s broader exploration potential. The company plans to use the funds to expand its drill programme, continue metallurgical testing, and progress toward a maiden resource and future economic studies. The financing is expected to close in one or more tranches, subject to regulatory approval.
This placement strengthens Amex’s financial position while bringing in a strategic partner, positioning the company for its next stage of growth.
To find out more, please visit www.amexexploration.com
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