An announcement from Goliath Resources ( (TSE:GOT) ) is now available.
Goliath Resources Limited has completed a strategic investment deal with McEwen Mining Inc., raising $10 million through a private placement of units. This investment, which includes a significant shareholding by McEwen and a standstill agreement, underscores confidence in Goliath’s Surebet gold discovery and positions the company for further exploration success in the upcoming drilling season.
More about Goliath Resources
Goliath Resources Limited operates in the mining industry, focusing on gold exploration and discovery. The company is known for its high-grade gold discoveries, particularly the Surebet gold discovery, which has garnered attention for its impressive drilling results.
YTD Price Performance: 66.22%
Average Trading Volume: 171,358
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $173.2M
For detailed information about GOT stock, go to TipRanks’ Stock Analysis page.