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AuQ Gold Mining ( (TSE:AUQ) ) has provided an announcement.
AuQ Gold Mining Inc. has announced a non-brokered private placement of units to raise up to $1,000,000. The funds will be used for exploration and engineering of the Bellechase-Timmins Gold project, acquisition of resource properties globally, debt repayment, and general corporate purposes. This financing move is aimed at strengthening the company’s operational capabilities and expanding its resource base, potentially enhancing its market position and offering growth opportunities for stakeholders.
More about AuQ Gold Mining
AUQ Gold Mining Inc. is engaged in the acquisition, exploration, and development of mineral property assets. The company recently acquired the Bellechase-Timmins Gold Project in Quebec and focuses on conducting exploration programs on its Quebec resource properties and locating and developing other properties of merit.
Average Trading Volume: 30,948
Technical Sentiment Signal: Buy
Current Market Cap: C$5.82M
For an in-depth examination of AUQ stock, go to TipRanks’ Overview page.