Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Stratabound Minerals ( (TSE:LOD) ) just unveiled an announcement.
Lode Gold Resources Inc. announced a non-brokered financing of $1,000,000 to support strategic initiatives and execute its business plan. The financing is expected to close by March 10, 2025, coinciding with the Annual General Meeting and shareholder meeting for the Plan of Arrangement approval. Shareholders will be eligible to receive shares of Gold Orogen while retaining their existing shares. This financing aims to bolster Lode Gold’s industry positioning by supporting ongoing projects in Canada and the United States, potentially impacting stakeholders through expanded exploration and development activities.
More about Stratabound Minerals
Lode Gold Resources Inc. is an exploration and development company operating in Canada and the United States. In Canada, it focuses on the Golden Culvert and WIN Projects located in the Yukon, within the Tombstone Gold Belt, and the Acadian Gold JV Co and McIntyre Brook in New Brunswick. In the United States, it is advancing the Fremont Gold project, a brownfield site in California’s Mother Lode Gold Belt.
YTD Price Performance: 22.86%
Average Trading Volume: 15,517
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$8.6M
For an in-depth examination of LOD stock, go to TipRanks’ Stock Analysis page.
