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Stellar AfricaGold Launches $1.5 Million Private Placement for Exploration

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Stellar AfricaGold Launches $1.5 Million Private Placement for Exploration

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An update from Stellar AfricaGold ( (TSE:SPX) ) is now available.

Stellar AfricaGold Inc. announced a non-brokered private placement to raise up to $1.5 million through the issuance of 15 million common shares at $0.10 each. The proceeds will be used for exploration at its Tichka Est Gold Project in Morocco and the Zuénoula gold property in the Ivory Coast, as well as for general corporate purposes.

More about Stellar AfricaGold

Stellar AfricaGold Inc. is a Canadian precious metal exploration company listed on the TSX Venture Exchange. The company focuses on gold discovery and exploration, primarily through its projects in Morocco and Côte d’Ivoire.

YTD Price Performance: 91.67%

Average Trading Volume: 103,169

Technical Sentiment Consensus Rating: Hold

Current Market Cap: C$3.09M

See more data about SPX stock on TipRanks’ Stock Analysis page.

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