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Lahontan Gold Corp. ( (TSE:LG) ) has issued an announcement.
Lahontan Gold Corp. announced a private placement offering to raise up to $720,000 by issuing 36,000,000 common shares at $0.02 each, primarily subscribed by existing major shareholders. The funds will be used for working capital and exploration activities at the Santa Fe Mine Project, pending necessary approvals, reflecting continued investment in its core operations.
More about Lahontan Gold Corp.
Lahontan Gold Corp. is a Canadian mine development and mineral exploration company focusing on gold and silver projects in Nevada’s Walker Lane. Its flagship property, the Santa Fe Mine, boasts significant past production and current mineral resources.
YTD Price Performance: 0.0%
Average Trading Volume: 399,104
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$3.95M
Learn more about LG stock on TipRanks’ Stock Analysis page.
