A preliminary prospectus has been filed by Seabright Explorations, a subsidiary of Seabright Resources, for a national offering through Levesque Beaubien of flow-through and common shares with warrants.
The offering is expected to raise $14 million.
President Terrence D. Coughlan says the proceeds will be used to further explore and develop the company’s gold properties in Nova Scotia, including its Moose River property.
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