Nevada King Gold Raises $11.7 Million in Offerings

Nevada King Gold Corp (TSE:NKG) has released an update.

Nevada King Gold Corp has successfully closed a brokered private placement, raising $6.1 million through the sale of common shares at $0.34 each. The total proceeds from both the brokered and non-brokered offerings are anticipated to reach $11.7 million, which will be used to advance the Atlanta Gold Mine Project and for working capital.

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