Goliath Resources (TSE:GOT) has released an update.
Goliath Resources has expanded its non-brokered financing round from $14.7 million to $15.7 million, following an increased share purchase by strategic investor Larry Childress through Childress Family LP. The additional funds will support exploration programs in British Columbia’s Golden Triangle. This financing strategy leverages flow-through shares to capitalize on Canadian tax incentives for resources exploration.
For further insights into TSE:GOT stock, check out TipRanks’ Stock Analysis page.