Signature Resources (TSE:SGU) has released an update.
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Signature Resources Ltd. has successfully completed an upsized equity financing, raising over $2 million through the issuance of flow-through and non-flow-through shares. This funding will fuel their 2024 drilling program and support the development of their Lingman Lake Project, with the aim of finalizing the initial NI 43-101 resource statement. The company’s strong share demand and commitment to shareholder value are underscored by significant insider participation in the offering.
For further insights into TSE:SGU stock, check out TipRanks’ Stock Analysis page.
