Victoria Gold Corp. (OTC Other: VITFF; TSX-V: VIT) plans to raise $25 million at $0.70 per share in a bought deal financing. The Company plans to use the proceeds from the offering for project development, exploration and general corporate purposes.
We believe that with this financing, the Company will will be fully funded to to production. Let the good times begin. Drill results are expected throughout the fall and preparations to get into production as early as next summer will continue to move forward. The next 12 to 18 months are going to be exciting and rewarding.
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