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Advanced Gold Announces New Director and Private Placement

Story Highlights
  • Advanced Gold appoints Shahab Samimi to its Board, enhancing expertise in technology and sustainability.
  • The company plans a private placement to raise $300,000 for corporate and working capital needs.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Advanced Gold Announces New Director and Private Placement

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Advance United Holdings ( (TSE:AUEX) ) has provided an update.

Advanced Gold Exploration Inc. has announced the appointment of Shahab Samimi to its Board of Directors, bringing expertise in technology-driven growth and sustainability to the mining exploration sector. Additionally, the company plans a non-brokered private placement to raise up to $300,000 for general corporate and working capital purposes, subject to regulatory approvals.

More about Advance United Holdings

Advanced Gold Exploration is a Canadian mineral exploration company specializing in gold and copper properties. The company focuses on identifying and acquiring undervalued properties with significant historical work, aiming to enhance their economic value and deliver immediate and long-term value to partners and shareholders.

Average Trading Volume: 26,851

Technical Sentiment Signal: Buy

Current Market Cap: C$1.28M

For an in-depth examination of AUEX stock, go to TipRanks’ Overview page.

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