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Foremost stake in Rio Grande falls to 8.65% after $2,546,500 placement

Verifying
  • Foremost disclosed its reduced ownership interest in Rio Grande Resources.
  • Rio Grande raised $2,546,500 through 12,732,500 units priced at $0.20 each.
  • Foremost’s Rio Grande stake fell from 11.01% to 8.65% after the financing.
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