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The latest announcement is out from Athena Gold ( (TSE:ATHA) ).
Athena Gold Corporation has successfully closed the first tranche of its non-brokered private placement, raising approximately CDN $2.73 million. Due to high investor interest, the company plans to increase the offering of non-flow-through units, expecting an oversubscription of CDN $400,000. The funds raised will support exploration projects at Laird Lake and Oneman Lake in Ontario, as well as general corporate purposes. This strategic financial move positions Athena Gold to enhance its exploration activities and strengthen its market presence in the critical minerals sector.
More about Athena Gold
Athena Gold Corporation operates in the mining industry, focusing on the exploration and development of gold properties. The company is primarily engaged in projects located in Ontario, Canada, with a market focus on critical mineral exploration.
Average Trading Volume: 199,837
Technical Sentiment Signal: Buy
Current Market Cap: C$18.27M
For detailed information about ATHA stock, go to TipRanks’ Stock Analysis page.