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The latest announcement is out from AJN Resources Inc. ( (TSE:AJN) ).
AJN Resources Inc. has successfully closed the first tranche of a non-brokered private placement, raising $630,000 through the issuance of 5,249,998 units. Each unit consists of one common share and one share purchase warrant, with proceeds intended for due diligence, property acquisitions, exploration, and working capital. This financing, led by Palisades Goldcorp Ltd., does not alter the control of the company and aims to bolster AJN’s operational capabilities and strategic positioning in the exploration sector.
More about AJN Resources Inc.
AJN Resources Inc. is a junior exploration company with a management team and directors boasting over 75 years of collective industry experience. The company has been successful in exploration, financing, and developing major mines globally, with a particular focus on Africa, especially the Democratic Republic of the Congo.
YTD Price Performance: 50.0%
Average Trading Volume: 44,825
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$5.97M
For a thorough assessment of AJN stock, go to TipRanks’ Stock Analysis page.