Pacific Ridge Exploration Ltd. is pleased to announce that it has closed the first tranche of its oversubscribed non-brokered private placement raising a total of $1,675,419.51. The Company issued 7,469,679 flow-through units at a price of $0.095 per FT Unit for gross proceeds of $709,619.51, which includes an oversubscription of 1,159,139 FT Units
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