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Alma Gold ( (TSE:ALMA) ) just unveiled an announcement.
Alma Gold Inc. has amended the terms of its previously announced private placement, now offering units at $0.08 each, consisting of one common share and a warrant to purchase an additional share at $0.16 for two years. The company aims to raise $1,138,770 in gross proceeds, with the first tranche expected to close on July 3, 2025, potentially followed by additional tranches. This adjustment reflects Alma Gold’s strategic efforts to secure capital for its exploration projects, potentially impacting its market positioning and stakeholder interests.
More about Alma Gold
Alma Gold Inc. is a gold-focused exploration company based in Bedford, Nova Scotia. It operates through its subsidiary Karita Gold Corp., exploring projects in northern Guinea and the Siguiri Basin, as well as owning the Clarence Stream North Gold Project in New Brunswick, Canada.
Average Trading Volume: 43,992
Technical Sentiment Signal: Sell
Find detailed analytics on ALMA stock on TipRanks’ Stock Analysis page.