Golden Cariboo Resources ( (TSE:GCC) ) has provided an update.
Golden Cariboo Resources Ltd. has announced the extension of its private placement initially revealed in January, with a second tranche expected to close by the end of the month. The company has already raised $773,915 from selling 5,953,191 units, with proceeds earmarked for further exploration and general working capital, pending approval from the Canadian Securities Exchange.
More about Golden Cariboo Resources
Golden Cariboo Resources Ltd. is a mining company focused on rediscovering the Cariboo Gold Rush through targeted drilling and trenching programs at the Quesnelle Gold Quartz Mine property in British Columbia. The property is adjacent to significant geological features and has a history of gold production, with ongoing placer mining.
YTD Price Performance: -1.00%
Average Trading Volume: 33,074
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $6.15M
For a thorough assessment of GCC stock, go to TipRanks’ Stock Analysis page.