Freegold Ventures (TSE:FVL) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Freegold Ventures Limited has successfully completed a $10 million brokered private placement financing, with Paradigm Capital serving as the sole agent. The funds raised through the issuance of 25 million units at $0.40 each, including shares and warrants, will be allocated to exploration activities on the company’s Alaskan mineral projects and for general corporate purposes. Renowned investor Eric Sprott participated significantly, maintaining approximately 27.1% ownership post-offering.
For further insights into TSE:FVL stock, check out TipRanks’ Stock Analysis page.