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The latest announcement is out from West Red Lake Gold Mines ( (TSE:WRLG) ).
West Red Lake Gold Mines Ltd. announced a $12.3 million bought deal public offering of charity flow-through units, with Raymond James Ltd. as the sole underwriter. The proceeds will be used for Canadian development expenses on the company’s assets, enhancing their operational capabilities and potentially strengthening their market position.
More about West Red Lake Gold Mines
West Red Lake Gold Mines Ltd. operates in the mining industry, focusing on the exploration and development of gold properties in Canada.
YTD Price Performance: 35.48%
Average Trading Volume: 471,170
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $179.7M
Learn more about WRLG stock on TipRanks’ Stock Analysis page.
