True North Gems (TSE:TGX) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
True North Gems Inc. has announced a share consolidation and a name change to True North Resources Inc., alongside a financing placement aiming to raise between $1,000,000 and $1,500,000 through the sale of units at $0.06. The funds raised will be directed towards debt retirement, potential resource acquisitions, exploration expenditures, and general working capital.
For further insights into TSE:TGX stock, check out TipRanks’ Stock Analysis page.
