Freegold Ventures ( (TSE:FVL) ) has provided an update.
Freegold Ventures Limited has announced an increase in its private placement offering to $36.5 million, with the issuance of up to 42,492,000 units at $0.85 per unit. The proceeds will be used for general working capital and corporate purposes, and the offering is expected to close on or about April 3, 2025, subject to regulatory approvals and customary closing conditions.
More about Freegold Ventures
Freegold Ventures is a TSX-listed company focused on exploration in Alaska, holding the Golden Summit Gold Project near Fairbanks and the Shorty Creek Copper-Gold Project near Livengood through leases.
YTD Price Performance: 12.05%
Average Trading Volume: 271,046
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: C$426.9M
See more insights into FVL stock on TipRanks’ Stock Analysis page.