Athena Gold Closes CAD $166,100 Private Placement to Fund Exploration

Athena Gold ( (TSE:ATHA) ) has shared an update.

Athena Gold Corporation has successfully closed a non-brokered private placement, raising CAD $166,100 through the issuance of 3,322,000 units. The funds will be used for exploration work on the company’s properties and general working capital. Notably, the company’s President and CEO, Koby Kushner, participated in the offering, which is considered a related party transaction. The completion of this offering supports Athena Gold’s ongoing exploration efforts and strengthens its financial position for future development activities.

More about Athena Gold

Athena Gold Corporation is engaged in mineral exploration and the acquisition of mineral property assets, aiming to locate and develop economic precious and base metal properties. The company operates projects across North America, including the Laird Lake project in Ontario’s Red Lake Gold District and the Excelsior Springs Au-Ag project in Nevada’s Walker Lane Trend.

YTD Price Performance: -9.09%

Average Trading Volume: 74,122

Technical Sentiment Signal: Strong Sell

Current Market Cap: C$9.74M

Learn more about ATHA stock on TipRanks’ Stock Analysis page.