Xali Gold Private Placement Fully Subscribed (opens original article in a new tab)

Xali Gold successfully completed a C$1 million private placement to fund the Pico Machay Gold Project in Peru, with funds allocated for exploration, development, and community initiatives.

• Xali Gold's private placement of C$1,000,000 was fully subscribed by two investors.
• The funds will be used for exploration, development, and community initiatives at the Pico Machay Gold Project in Peru.
• The company plans to update historical resources and complete a Preliminary Economic Assessment to de-risk the project.