Gold Basin Completes Final Funding Tranche

Gold Basin Resources Corporation (TSE:GXX) has released an update.

Gold Basin Resources Corporation has successfully completed the second and final tranche of its oversubscribed non-brokered private placement, raising $550,000 CAD at $0.10 per unit, contributing to a total of $1,522,030.30 CAD. The funds will fuel exploration and development of the company’s Gold Basin Project in Arizona, with a promising outlook for 2024, highlighted by strong Australian investor support. The proceeds are earmarked for exploration, covering accrued expenses, and general working capital needs.

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