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AJN Resources Inc. ( (TSE:AJN) ) has issued an announcement.
AJN Resources Inc. announced a non-brokered private placement offering of units priced at $0.12 each, aiming to raise at least $500,000, with a lead order from Palisades Goldcorp Ltd. The funds will be used for due diligence, property acquisitions, exploration, and working capital. The issuance will not change control of the company, and the securities will have a four-month hold period.
More about AJN Resources Inc.
AJN Resources Inc. is a junior exploration company with a management team and directors possessing over 75 years of collective industry experience. The company focuses on exploration, financing, and developing major mines globally, with a particular emphasis on Africa, especially the Democratic Republic of the Congo.
YTD Price Performance: 28.57%
Average Trading Volume: 44,530
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$5.12M
See more insights into AJN stock on TipRanks’ Stock Analysis page.