Fire River Gold Closes First Tranche Of Non-Brokered Private Placement

Fire River Gold Corp. (TSXV:FAU) reports that it  has completed the first tranche of its non-brokered private placement.

The press release is quoted as saying:

The proceeds from the private placement will be used primarily to supplement the Company’s working capital budget by covering the operating costs (estimated at $2.5 M per month) as the mine ramps up to full production, to evaluate and expand the exploration drilling program, and to review potential acquisitions.

Click here to access the entire news release.