Steppe Gold Ltd. (TSE:STGO) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Steppe Gold Ltd. announced board adjustments with the resignation of director Matthew Wood, one of the company’s founders, and the addition of its President Byambatseren Tsogbadrakh to the board. To settle outstanding amounts owed to Wood, the company plans to issue 2 million common shares at $0.78 each, pending regulatory approvals. This change comes as the company prepares for the upcoming acquisition of Boroo Gold and aims to refresh its board.
For further insights into TSE:STGO stock, check out TipRanks’ Stock Analysis page.
