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BGX – Black Gold Exploration Corp. ( (TSE:BGX) ) just unveiled an announcement.
BGX – Black Gold Exploration Corp. announced a non-brokered private placement to raise up to $2,000,000 through the issuance of 33,333,333 units at $0.06 per unit. Each unit includes a common share and a warrant, with the proceeds intended for marketing, working capital, and financing drilling and completion of wells to increase production and expand reserves. This move is part of BGX’s strategy to enhance its market position and operational capabilities.
More about BGX – Black Gold Exploration Corp.
BGX – Black Gold Exploration Corp. is an oil and gas exploration company focused on creating shareholder value through the acquisition, exploration, and development of oil and gas projects. The company currently holds assets in Argentina and the United States.
Average Trading Volume: 21,818
Technical Sentiment Signal: Sell
Find detailed analytics on BGX stock on TipRanks’ Stock Analysis page.