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Newfoundland gold explorer raises funds ahead of scoping results

Cape Ray in Newfoundland seen as open cut mining opportunity

Staff reporter
The Cape Ray project in Newfoundland, Canada

The Cape Ray project in Newfoundland, Canada

The $5 million will come from issuing new shares to undisclosed investors priced at 20c each, though Matador did say unspecified directors are tipping in $270,000 of the funds being raised. Matador's...

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