Osceola Gold Secures $2 million in Private Placement Funding, Accelerating Production and Ensuring Profitability
OSCEOLA GOLD INC (OSCI)
US:NASDAQ Investor Relations:
osceolagoldinc.com/investors
Company Research
Source: Accesswire
STEUBENVILLE, OH / ACCESSWIRE / September 22, 2023 / Osceola Gold, a leading Junior mine in the mining industry, is pleased to announce the successful acquisition of $2 million in non-dilutive private placement funding, accelerating production and ensuring profitability. This significant investment marks a major milestone in the journey towards operational excellence."Thanks to this capital infusion, Osceola Gold has swiftly initiated its mission to establish and streamline mining operations. The funding has enabled us to procure vital equipment, meet payroll obligations, and secure resources to sustain operations throughout the challenging winter season. We are proud to report that operations have already commenced, with a dedicated staff of 10 on-site workers operating for a full 10-hour day." Stated Tracy Pizzoferrato, Interim CEO.In collaboration with our private placement partners includes a mutually beneficial profit-sharing arrangement, with Osceola Gold set to receive 35% of t
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