Orca Gold and Resolute Mining are pleased to announce that the companies have closed the second of two tranches of its previously announced private placement. In the Second Tranche, Orca has issued an additional 16,182,480 common shares to a subsidiary of Resolute at a price of C$0.675 per Share for gross proceeds of C$10,923,174, paid by the issuance of 8,953,421 ordinary shares of Resolute – calculated using a
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