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Athena Gold Launches $2 Million Private Placement for Exploration Expansion

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Athena Gold Launches $2 Million Private Placement for Exploration Expansion

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

Athena Gold Corporation announced a non-brokered private placement to raise up to CDN $2 million through the issuance of flow-through and non-flow-through shares. The funds will be allocated to exploration projects in Ontario and general corporate purposes. The offering is set to close in tranches, with regulatory approvals pending, and includes provisions for insider participation and potential finders’ fees. This move is part of Athena’s broader strategy to enhance its exploration capabilities and market positioning.

More about Athena Gold

Athena Gold Corporation is engaged in mineral exploration and the acquisition of mineral property assets. The company aims to locate and develop economic precious and base metal properties across North America, with a focus on projects like the Laird Lake project in the Red Lake Gold District of Ontario.

YTD Price Performance: 18.18%

Average Trading Volume: 215,606

Technical Sentiment Signal: Buy

Current Market Cap: C$12.66M

Find detailed analytics on ATHA stock on TipRanks’ Stock Analysis page.

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