tiprankstipranks
Gabriel Resources Advances Private Placement
Company Announcements

Gabriel Resources Advances Private Placement

Gabriel Resources (TSE:GBU) has released an update.

Don't Miss our Black Friday Offers:

Gabriel Resources Ltd. has announced the initial closing of a private placement, issuing common shares for proceeds of $3.25 million, with expectations to complete the placement for a total of $5.575 million. The shares are subject to a statutory hold period and final approvals. The remaining funds are anticipated to be secured by late May, with no finder’s fee to be paid for the transaction.

For further insights into TSE:GBU stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskGabriel Resources Announces Board Resignation Amid Project Setback
TipRanks Canadian Auto-Generated NewsdeskGabriel Resources Challenges Romania’s License Denial
TipRanks Canadian Auto-Generated NewsdeskGabriel Resources Confronts Legal Setbacks and Funding Needs
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App