Red Lake Gold Inc (TSE:RGLD) has released an update.
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Red Lake Gold Inc. has successfully completed a significant financing round, securing $192,500 through the issuance of 3.5 million common share units, which will bolster working capital and fund the advancement of its Whirlwind Jack Gold Project. An insider made a substantial personal investment by purchasing the entire offering, demonstrating confidence in the company’s growth potential.
For further insights into TSE:RGLD stock, check out TipRanks’ Stock Analysis page.
