Lake Victoria Gold Advances with Fresh Capital Injection
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Lake Victoria Gold Advances with Fresh Capital Injection

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Tembo Gold (TSE:LVG) has released an update.

Lake Victoria Gold Ltd. successfully completed the initial phase of its non-brokered private placement, raising $563,000 with plans to reach a total of $750,000. The funds raised through the issuance of unsecured convertible debentures are intended for general working capital. These debentures have an interest rate of 12% per annum and are convertible into common shares at $0.18 each.

For further insights into TSE:LVG stock, check out TipRanks’ Stock Analysis page.

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