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Mexican Gold Corp ( (TSE:MEX) ) has shared an announcement.
Mexican Gold Mining Corp. has announced a non-brokered private placement to raise up to CAD $160,000 through the issuance of 4,000,000 units priced at $0.04 per unit, including a share and a warrant. The funds will be allocated to claim fee payments, OTCQB listing fees, ongoing operations at the Las Minas project, and general working capital. The offering is expected to close by February 21, 2025, pending regulatory approval, and the securities will be subject to a hold period under Canadian law.
More about Mexican Gold Corp
Mexican Gold Mining Corp. is a Canadian-based mineral exploration and development company focused on discovering and strategically acquiring precious metals and copper projects in the Americas. The company is actively working on the Las Minas Project in Veracruz State, Mexico, known for its under-explored skarn systems.
YTD Price Performance: 32.50%
Average Trading Volume: 37,557
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$1.13M
Find detailed analytics on MEX stock on TipRanks’ Stock Analysis page.