GGL Resources (TSE:GGL) 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
GGL Resources Corp. has initiated a private placement to increase its capital by up to $300,000 through the sale of 6 million shares, priced at $0.05 each. This strategic move, subject to regulatory approval, aims to bolster the company’s working capital. GGL Resources Corp. is an established junior exploration company with a portfolio of promising mining projects in stable jurisdictions.
For further insights into TSE:GGL stock, check out TipRanks’ Stock Analysis page.