Angus Gold Secures $4M for Exploration Growth

Angus Gold (TSE:GUS) has released an update.

Angus Gold Inc. has successfully finalized a $4 million brokered private placement, issuing 5 million flow-through units to fund Canadian exploration expenses. Major shareholder Wesdome Gold Mines Ltd participated in the offering, which was led by Beacon Securities Limited and is set to expedite potential gold property developments. No securities will be registered under the U.S. Securities Act, emphasizing the offering’s exclusivity to Canadian investors and certain insiders.

For further insights into TSE:GUS stock, check out TipRanks’ Stock Analysis page.