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Pele Mountain Resources Inc. (TSXV:GEM,OTCQX:GOLDF) announced that they have closed the final tranche of a non-brokered private placement for aggregate gross proceeds of $35,000.

As quoted in the press release:

Pele Mountain Resources Inc. (TSXV:GEM,OTCQX:GOLDF) announced that they  have closed the final tranche of a non-brokered private placement for aggregate gross proceeds of $35,000.

As quoted in the press release:

 All proceeds raised from the sale of FT Units will be used by Pele to finance qualified Canadian exploration expenditures on its Canadian resource properties.

To view the whole press release, click here. 

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