Explanation from NR of how money will be used:
"The proceeds from the private placement offering will be used for the continuing commissioning of its Lamaque gold mine operation in Val d'Or, Que., Canada, while the proceeds of the private placement of flow-through units will be used for eligible Canadian exploration expenditures (CEE) including the diamond drill program at Lamaque."
Maybe some more high grade mineralization to also come out soon!!!!!!!!
GLTA