Island Passage Receives a US $4.8 Million Strategic Investment
VANCOUVER, British Columbia, June 09, 2025 (GLOBE NEWSWIRE) — Island Passage Exploration Limited (IPX or the “Company”) is pleased to announce that it has received an investment of US $4.8 million from an intermediate sized gold producer. The strategic investment came through the sale of 1.6 million common shares of the Company at US $3.00 per share through a non-brokered private placement. Pursuant to the investment, the strategic investor currently now owns approximately 16% of the shares of IPX.
“We are excited to welcome this investment by an intermediate sized gold producer who becomes a strategic investor in the Company,” said Donald McInnes, Co-Founder and CEO…
