Azimut Closes $8.7 Million Private Placement

  • LONGUEUIL, Québec, May 16, 2025 (GLOBE NEWSWIRE) -- Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) is pleased to report that on May 16, 2025, it has closed its previously announced non-brokered placement with Centerra Gold Inc. (“Centerra”) (TSX: CG) (NYSE: CGAU) ( see press release of April 28, 2025 ) and has issued 9,935,000 common shares to Centerra for gross proceeds of $5,961,000.