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Carlin Gold raises C$9.8M in private placement to fund Nevada exploration and appoints new director.

Company Fundamentals
29 Sep 2026
Newsfile Corp
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Bullish
Carlin Gold raises C$9.8M in private placement to fund Nevada exploration and appoints new director.

Carlin Gold Corporation closed a brokered private placement, raising approximately C$9.8 million by selling 7.5 million units at C$1.30 each. Each unit includes one common share and a warrant exercisable at C$1.50 until 2028. The funds will support exploration on Carlin's Nevada properties and general corporate needs. Additionally, Pete Shabestari, an experienced geologist, joined the board, replacing Dong Shim, who remains CFO. The company also granted stock options and engaged Danayi Capital for digital marketing services.

Carlin Gold's recent private placement raised C$9.8 million. For readers following the Basic Materials sector, here is Pluang's market snapshot as of Sep 29, 2026 20:02 WIB: 26 of 38 priced US stocks rose today. Notable movers include ICL at USD 5.20 with a 3.59% gain and 100% buy order activity, and GFI at USD 36.41 with a 3.50% gain and 98% buy order activity.

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