Red Lake Gold Inc (TSE:RGLD) has released an update.
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Red Lake Gold Inc. successfully closed its non-brokered financing, issuing five million common share units to bolster its working capital and support its Whirlwind Jack Gold Project. The financing saw participation from an insider, enhancing the company’s equity investment by $250,000. Post-financing, the company now has over 50 million common shares outstanding.
For further insights into TSE:RGLD stock, check out TipRanks’ Stock Analysis page.
