Hercules Resources Corp. (TSE:HERC) has released an update.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Hercules Resources Corp., a Canadian gold exploration firm, has initiated a $50,000 drawdown from its $5 million equity investment facility with Crescita Capital. The funds raised through the issuance of units will bolster the company’s general working capital. This financial move is subject to regulatory approvals and is part of Hercules’s ongoing efforts to strengthen its exploration and development projects in Ecuador and Canada.
For further insights into TSE:HERC stock, check out TipRanks’ Stock Analysis page.
