Red Canyon Resources Ltd. (TSE:REDC) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Red Canyon Resources Ltd. has launched a non-brokered private placement aiming to raise $1,540,000 by offering up to 7 million units at $0.22 each. These funds are earmarked for exploration activities in the western United States and British Columbia, in addition to general working capital. The offering includes common shares and share purchase warrants, subject to a four-month holding period and approval by the Canadian Securities Exchange.
For further insights into TSE:REDC stock, check out TipRanks’ Stock Analysis page.