Hummingbird Resources (GB:HUM) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Hummingbird Resources has announced that Pasofino Gold Limited, in which it holds a controlling interest, successfully completed a private placement raising approximately $2.4 million to support its Dugbe Gold Project in Liberia. This move allows Hummingbird to maintain its majority shareholding, albeit slightly reduced to around 50.4%, positioning the company strategically in the mining sector. The raised funds aim to advance exploration and development activities, highlighting Hummingbird’s commitment to expanding its asset base and increasing gold production.
For further insights into GB:HUM stock, check out TipRanks’ Stock Analysis page.