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Ongold Resources Ltd ( (TSE:ONAU) ) just unveiled an announcement.
ONGold Resources Ltd. announced the successful closure of an oversubscribed private placement, raising $3,250,995 to support exploration expenditures in Manitoba and Ontario. This move strengthens ONGold’s position in the Canadian mining industry, as it leverages its newly acquired projects and technical expertise to enhance its exploration capabilities.
More about Ongold Resources Ltd
ONGold Resources Ltd. is a reporting issuer in British Columbia and Alberta, owning significant exploration assets in Northern Ontario and Manitoba, including the TPK Project, October Gold Project, Monument Bay, and Domain Project. The company focuses on responsible exploration in Canada’s prolific gold-producing regions.
YTD Price Performance: -1.33%
Average Trading Volume: 28,200
Technical Sentiment Consensus Rating: Strong Sell
For detailed information about ONAU stock, go to TipRanks’ Stock Analysis page.
