Angold Resources Ltd (TSE:AERO) has released an update.
Aero Energy Limited has announced a $2.5 million non-brokered private placement to fund its mineral exploration projects in Saskatchewan’s Athabasca Basin. The funds will be generated through the sale of various unit types, including flow-through charity units, with proceeds directed toward work on key properties and general working capital. Eventus Capital Corp. will assist with the offering, which is subject to regulatory approvals.
For further insights into TSE:AERO stock, check out TipRanks’ Stock Analysis page.
