Company Announcements

Bayridge Resources to Split Shares, Raise Funds

Bayridge Resources Corp. (TSE:BYRG) has released an update.

Bayridge Resources Corp. has announced a two-for-one share split aiming to enhance the liquidity and marketability of its shares, with the new shares trading beginning March 11, 2024. In addition, the company is initiating a private placement to raise up to $6 million through the sale of hard-dollar and flow-through units, which will fund exploration activities and provide general working capital.

For further insights into TSE:BYRG stock, check out TipRanks’ Stock Analysis page.

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