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TriStar Gold Announces Private Placement and Leadership Change

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TriStar Gold Announces Private Placement and Leadership Change

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Tristar Gold ( (TSE:TSG) ) has issued an update.

TriStar Gold Inc. announced a non-brokered private placement to raise up to C$1.5 million by issuing common shares, with proceeds intended for working capital and advancing the Castelo de Sonhos project. Additionally, there is a change in company officers as Brian Irwin retires, with Scott Brunsdon assuming the role of Corporate Secretary alongside his CFO duties, receiving common shares as a termination payment.

More about Tristar Gold

TriStar Gold is an exploration and development company focused on precious metals properties in the Americas, aiming to develop significant producing mines. Its flagship property is Castelo de Sonhos in Pará State, Brazil, and it trades on the TSX Venture Exchange and OTCQB.

YTD Price Performance: 3.70%

Average Trading Volume: 47,067

Technical Sentiment Consensus Rating: Hold

Current Market Cap: C$39.19M

Find detailed analytics on TSG stock on TipRanks’ Stock Analysis page.

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