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Advance United Holdings ( (TSE:AUEX) ) has shared an update.
Advanced Gold Exploration Inc. has announced the appointment of Arndt Roehlig as the new President, CEO, and member of the Board of Directors, replacing James Atkinson, who will now serve as Chairman. The company also plans a non-brokered private placement to raise up to $250,000, which will be used for general corporate and working capital purposes. This strategic leadership change and capital raise aim to bolster the company’s operations and market positioning in the mineral exploration industry.
More about Advance United Holdings
Advanced Gold Exploration Inc., formerly Advance United Holdings Inc., is a Canadian mineral exploration company focused on acquiring undervalued gold and copper properties. The company enhances the value of these properties through modern technology and systematic exploration, without intending to bring them back into production. Their expertise lies in identifying properties with significant historical work and enhancing their economic value at current prices.
Average Trading Volume: 235,527
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$1.6M
For a thorough assessment of AUEX stock, go to TipRanks’ Stock Analysis page.