Kalo Gold Holdings (TSE:KALO) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Kalo Gold Corp. has completed the final tranche of its non-brokered private placement, raising $213,116.49 through the issuance of over 7 million shares. The funds raised are primarily allocated for the exploration of the company’s Vatu Aurum Project in Fiji, with a smaller portion designated for general working capital and marketing. This strategic move underpins Kalo Gold’s commitment to advancing its gold exploration efforts within the resource-rich Pacific ‘Ring of Fire’.
For further insights into TSE:KALO stock, check out TipRanks’ Stock Analysis page.
