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Gold & silver

Kootenay Resources announces private placement

Kootenay Resources has secured conditional TSXV listing approval for a new funding round. The placement, comprising non-flow-through and flow-through shares, aims to raise $500,000 at prices of $0.10 and $0.15 per share, respectively.

Proceeds will fuel development of the Moyie Anticline project, Nechako gold-silver exploration, and other resource properties, supporting Canadian exploration expenses and general working capital.