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Nevada King Gold secures C$16M private placement; Centerra to take 9.9% stake (NKGFF:OTCMKTS)

large gold stone being removed from mine, concept of mineral extraction and gold excavation , macro photography

RHJ

Nevada King Gold (NKGFF) intends to complete a non-brokered private placement of common shares of the miner, which is fully subscribed, for total gross proceeds of approximately C$16 million, it said on Tuesday.

In connection with the financing, the company has

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