Allied Gold Corporation (TSE:AAUC) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Allied Gold Corporation has announced an overnight marketed public offering of 62 million shares at C$3.10 each, aiming to raise up to C$192.2 million. The proceeds are intended to fund growth initiatives and the expansion of the Sadiola Mine, as well as the Kurmuk construction project. The offering, set to close around October 8, 2024, will be conducted in cooperation with a syndicate of underwriters and includes an over-allotment option.
For further insights into TSE:AAUC stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
- “The No. 1 Destination for the Most Talented Artists”: Netflix Stock (NASDAQ:NFLX) Notches Up as the Duffer Brothers Consider Jumping Ship
- “Breakthrough EVs”: Ford Stock (NYSE:F) Notches Up on New Battery Details
- “An Equity Stake”: Intel Stock (NASDAQ:INTC) Surges as U.S. Government May Buy In With CHIPS Act Money