⛏️ Gold Exploration News: Canterra Minerals Raises Fresh Capital

Canadian mining company Canterra Minerals has successfully raised C$5.7 million through a flow-through private placement, strengthening funding for gold and critical minerals exploration projects in Newfoundland, Canada.

• 💰 Funds raised: C$5.7M (~US$4.2M) via flow-through shares

• 🪙 Focus: Gold + critical minerals exploration

• 📍 Projects: Wilding Gold & Buchans projects in Newfoundland

• 🧾 Tax advantage: Flow-through structure allows investors to claim Canadian tax deductions

• ⏳ Use of funds: Exploration activities planned through 2026

Raising capital through flow-through financing highlights growing investor interest in gold exploration, especially in stable mining jurisdictions like Canada — even as global markets remain volatile.

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