Black Dragon Gold Corp. Shs Chess Depository Interests Repr 1 Sh (AU:BDG) has released an update.
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Black Dragon Gold Corp. has successfully completed a private placement of 28,481,720 Chess Depositary Interests to high net worth Spanish investors, raising approximately AUD$712,000. The placement aims to align these new investors with the company’s Salave Gold permitting program in Spain, marking a strategic move to advance their flagship gold project. The shares were offered at a notable discount to the recent volume-weighted average prices, indicating an attractive entry point for investors.
For further insights into AU:BDG stock, check out TipRanks’ Stock Analysis page.
