An update from Onyx Gold Corp. ( (TSE:ONYX) ) is now available.
Onyx Gold Corp. has announced the acceleration of the expiry of its outstanding common share purchase warrants, resulting in over $1 million exercised to date. The company anticipates further exercises, potentially raising up to $2.14 million, which will fund exploration efforts at their Argus North target in Timmins. This move signals strong shareholder support and positions Onyx Gold to advance its promising new gold discovery in a premier Canadian mining area.
More about Onyx Gold Corp.
Onyx Gold Corp. is an exploration company focused on Canadian mining jurisdictions, with assets in Timmins, Ontario, and Yukon Territory. The company has a portfolio of quality gold projects, including the Munro-Croesus Gold property known for high-grade mineralization, and other exploration properties in Timmins and Yukon. Onyx Gold aims to create shareholder value through discovery, capital allocation, and responsible exploration.
YTD Price Performance: 181.82%
Average Trading Volume: 124,175
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$32.5M
For detailed information about ONYX stock, go to TipRanks’ Stock Analysis page.