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Lake Victoria Gold Proceeds With Up to $5 Million Private Placement
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Lake Victoria Gold Proceeds With Up to $5 Million Private Placement
  • Lake Victoria Gold plans to proceed independently with its non-brokered private placement to raise up to $5 million.
  • The offering, announced October 20, 2026, comprises up to 16,666,666 common shares at $0.30 per share.
  • Closing is expected in one or more tranches before or alongside HOB Energy FZCO’s approximately $27 million strategic investment, subject to approvals.
  • Proceeds will support land compensation, grade control drilling and ongoing development at the fully permitted Imwelo Gold Project in Tanzania.
  • The HOB transaction remains subject to definitive agreements, final due diligence and regulatory approvals.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lake Victoria Gold Ltd. published the original content used to generate this news brief via Newsfile (Ref. ID: 202610300730NEWSFILECNPR____20261030_321735_1) on October 30, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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