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Triumph Gold Corp. Launches $1.95 Million Private Placement

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Triumph Gold Corp. Launches $1.95 Million Private Placement

An announcement from Triumph Gold ( (TSE:TIG) ) is now available.

Triumph Gold Corp. has announced a private placement of 9,750,000 units at $0.20 per unit, aiming to raise $1,950,000. The funds will be allocated towards general working capital, debt repayment, and further exploration of the Freegold Mountain Project, with the closing expected around March 7, 2025, pending stock exchange approval.

More about Triumph Gold

Triumph Gold Corp. is a Canadian-based company specializing in the exploration and development of precious metals. The company is focused on advancing the Freegold Mountain Project in Yukon, aiming to create value through its district-scale operations.

Average Trading Volume: 13,158

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $6.55M

Learn more about TIG stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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