Liberty Gold Secures C$12.5 Million in Financing

Liberty Gold (TSE:LGD) has released an update.

Liberty Gold Corp. has successfully completed a non-brokered private placement financing, raising C$12.5 million through the sale of over 35 million units at C$0.35 each, which include share and warrant components. The funds will enhance exploration at new high-priority targets in the Great Basin, and support development and general working capital needs. These securities are subject to a four-month holding period, with restrictions on registration and sale in the United States.

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