Aston Bay Holdings (TSE:BAY) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Aston Bay Holdings Ltd. has successfully completed the initial tranche of its private placement, raising $1.38 million through the sale of flow-through shares at $0.15 each. The company has also announced the availability of additional units and shares, with potential to increase the offering by $3.62 million, aiming to fund its exploration and development activities in Nunavut and Virginia, as well as for general corporate purposes. The offering, which is still open to investors under certain conditions, is set to finalize by May 30, 2024.
For further insights into TSE:BAY stock, check out TipRanks’ Stock Analysis page.