Ridgeline Minerals ( (TSE:RDG) ) has issued an update.
Ridgeline Minerals Corp. announced a non-brokered private placement aiming to raise up to $3,500,000 through the sale of units priced at $0.15 each, consisting of common shares and warrants. The funds will support exploration activities in Nevada and general working capital, with directors possibly participating in the transaction, which is considered a related party transaction under regulatory guidelines. The placement is subject to a finder’s fee and regulatory approval.
More about Ridgeline Minerals
Ridgeline Minerals is a discovery-focused explorer of precious and base metals, operating with a dedicated management team and managing a 200 km² exploration portfolio across seven projects in Nevada, USA. The company holds a combination of 100%-owned exploration assets and earn-in agreements with notable partners like Nevada Gold Mines and South32.
YTD Price Performance: 6.00%
Average Trading Volume: 53,636
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $11.47M
See more data about RDG stock on TipRanks’ Stock Analysis page.