Snowline Gold Corp. (TSE:SGD) has released an update.
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Snowline Gold Corp. has fortified its financial position by securing C$12.5 million through the early exercise of warrants by investor Ana Maria Cox de Gubbins, who now holds a 10.6% ownership stake in the company. This strategic financial move boosts Snowline’s treasury to C$46.3 million, enabling the company to focus on exploration and development in the upcoming 2024 field season. The significant investment reflects confidence in Snowline’s potential and its ongoing exploration efforts.
For further insights into TSE:SGD stock, check out TipRanks’ Stock Analysis page.
