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Tristar Gold ( (TSE:TSG) ) has issued an announcement.
TriStar Gold Inc. has successfully closed the final tranche of its non-brokered private placement, selling 1,300,000 common shares at C$0.13 per share for gross proceeds of C$169,000. Overall, the company raised C$1,081,571 in this placement, which will be used for general working capital and to advance the Castelo de Sonhos gold project. The securities are subject to a four-month hold period and the placement awaits final approval from the TSX Venture Exchange.
More about Tristar Gold
TriStar Gold is an exploration and development company focused on precious metals properties in the Americas with potential to become significant producing mines. The company’s flagship property is Castelo de Sonhos in Pará State, Brazil, and its shares are traded on the TSX Venture Exchange under the symbol TSG and on the OTCQB under the symbol TSGZF.
YTD Price Performance: -3.57%
Average Trading Volume: 49,497
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$37.79M
For an in-depth examination of TSG stock, go to TipRanks’ Stock Analysis page.
