Solstice Gold ( (TSE:SGC) ) has shared an announcement.
Solstice Gold Corp. has increased its non-brokered private placement offering from $850,000 to $1,150,000 due to strong investor demand. The proceeds will be used to fund exploration programs, particularly a diamond drill program at the Strathy Gold Project, and for general corporate purposes. The offering is subject to TSX Venture Exchange approval and involves participation from the company’s board and management, indicating strong internal confidence in the company’s strategic direction.
More about Solstice Gold
Solstice Gold Corp. operates in the mining industry, focusing on exploration and development of gold projects. The company is primarily engaged in advancing its mining projects, with a market focus on Canadian exploration expenses and flow-through mining expenditures.
YTD Price Performance: 55.00%
Average Trading Volume: 114,186
Technical Sentiment Signal: Buy
Current Market Cap: $5.8M
See more insights into SGC stock on TipRanks’ Stock Analysis page.