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Gold Mountain Mining Corp. (TSX-V:GMTN, OTCQB:GMTF) has successfully completed a bought deal private placement, raising approximately $12 million. The Offering included 4,255,190 HD Units at $2.10 each and 1,326,450 FT Units at $2.31 each. Proceeds will support the Elk Gold Project's exploration efforts and general corporate needs. Canaccord Genuity Corp. led the underwriting syndicate. Each Unit includes share purchase warrants exercisable at $3.15 for two years. The Offering awaits final approval from the TSX Venture Exchange.