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Athena Gold Expands Private Placement Amid Strong Demand

Story Highlights
  • Athena Gold closed the second tranche of its private placement, raising CDN $270,499.98.
  • The offering was increased to CDN $4,200,000 due to strong demand, supporting exploration projects.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Athena Gold Expands Private Placement Amid Strong Demand

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Athena Gold ( (TSE:ATHA) ) just unveiled an update.

Athena Gold Corporation has successfully closed the second tranche of its non-brokered private placement, raising CDN $270,499.98. Due to strong demand, the company increased its offering, now totaling up to CDN $4,200,000, with proceeds allocated for exploration projects in Ontario and general corporate purposes. This strategic move enhances Athena Gold’s financial position and supports its ongoing exploration initiatives, potentially strengthening its market presence.

More about Athena Gold

Athena Gold Corporation operates in the mining industry, focusing on the exploration and development of mineral properties. The company primarily deals with gold and other critical minerals, with a market focus on Canadian exploration projects.

YTD Price Performance: 9.09%

Average Trading Volume: 194,095

Technical Sentiment Signal: Buy

Current Market Cap: C$15.66M

For detailed information about ATHA stock, go to TipRanks’ Stock Analysis page.

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