Dakota Gold Corp Strikes Deal with Orion, Boosts Capital and Secures Royalty

Dakota Gold Corp (DC) has issued an update.

Dakota Gold Corp. successfully completed a financial move by selling over 2.3 million shares to Orion, raising $5.9 million in a direct stock offering priced at $2.50 per share. This transaction, finalized on July 2, 2024, was accompanied by a royalty agreement granting Orion a 1% net smelter return on select company properties. The company’s effective communication of these developments was supported by a press release, further solidifying its market position.

For detailed information about DC stock, go to TipRanks’ Stock Analysis page.