Eminent Gold Corp. (TSE:EMNT) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Eminent Gold Corp. has successfully completed the first tranche of its non-brokered private placement, raising over $1.28 million by issuing units at $0.26 each, which include common shares and purchase warrants. The additional funds are intended for general corporate purposes, including exploration activities, with a portion of the proceeds used to pay off debts and property holding costs. The offering has attracted interest from within the company itself, with a director participating by subscribing to 400,000 units.
For further insights into TSE:EMNT stock, check out TipRanks’ Stock Analysis page.