The latest announcement is out from Stakeholder Gold ( (TSE:SRC) ).
Stakeholder Gold Corp. has successfully closed a non-brokered private placement, raising $1,800,000 CAD through the issuance of 1,800,000 units. The proceeds will be used for exploration in the Yukon Territory and the development of the company’s quartzite business in Brazil. Insiders participated in the placement, which is considered a related party transaction but does not result in new control persons. The closing is pending final approval by the TSX Venture Exchange.
More about Stakeholder Gold
Stakeholder Gold Corp. operates in the mining industry, focusing on exploration projects and the exotic stone quartzite business. The company is engaged in the Ballarat Exploration Project in the White Gold District of Yukon Territory, Canada, and has operations in Minas Gerais, Brazil.
YTD Price Performance: -3.74%
Average Trading Volume: 4,079
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$16.07M
For detailed information about SRC stock, go to TipRanks’ Stock Analysis page.