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Siren Gold Ltd ( (AU:SNG) ) has provided an update.
Siren Gold Limited has successfully raised $4 million through a placement to institutional and sophisticated investors, aimed at advancing its resource definition and exploration activities. The funds will be used to enhance the Sams Creek Gold Project through infill and exploration drilling, as well as metallurgical and geotechnical test work, while also supporting geological evaluations at the Langdons and Queen Charlotte projects. This capital raise reflects strong investor confidence in Siren Gold’s strategic vision and the potential of New Zealand’s resource sector, with a commitment to sustainable development and long-term shareholder value.
More about Siren Gold Ltd
Siren Gold Limited operates in the mining industry, focusing on the exploration and development of gold and antimony projects. The company’s primary projects include Sams Creek, Langdons, and Queen Charlotte, with a market focus on New Zealand’s resource sector.
Average Trading Volume: 500,299
Technical Sentiment Signal: Hold
Current Market Cap: A$12.26M
For an in-depth examination of SNG stock, go to TipRanks’ Overview page.