Ascot Resources (TSE:AOT) has released an update.
Ascot Resources is seeking financial hardship exemption from the Toronto Stock Exchange to facilitate a significant financing initiative worth approximately C$52 million. The funds raised will be used to advance the development of the Premier Northern Lights and Big Missouri mines, marking a pivotal step in their operational revival.
For further insights into TSE:AOT stock, check out TipRanks’ Stock Analysis page.