Ascot Resources Advances Premier Gold Project
Company Announcements

Ascot Resources Advances Premier Gold Project

Ascot Resources (TSE:AOT) has released an update.

Ascot Resources Ltd. has successfully completed the first tranche of its C$5.0 million non-brokered flow-through private placement to fund its 2024 exploration program at the Premier Gold Project in British Columbia. The company issued over 1.2 million common shares, raising C$999,400, with a second tranche expected to close by mid-June. The funds raised will be used for Canadian exploration expenses, with tax advantages to be renounced to purchasers by the end of 2024.

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

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