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Black Dragon Gold Faces Rezoning Challenge in Spain, Secures New Investment
Company Announcements

Black Dragon Gold Faces Rezoning Challenge in Spain, Secures New Investment

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Invest with Confidence:

Black Dragon Gold Corp. Shs Chess Depository Interests Repr 1 Sh ( (AU:BDG) ) has shared an announcement.

Black Dragon Gold Corp. faced a setback as the Tapia de Casariego Town Council rejected their application to rezone land for the Salave Gold Project, citing outdated urban plans. Despite this, the company remains engaged with local and regional authorities to progress Environmental Impact Assessment approvals. On the corporate front, Black Dragon completed a strategic placement with Spanish investors, raising AUD$712,000 to support ongoing operations, and successfully passed all resolutions at its Annual General Meeting.

More about Black Dragon Gold Corp. Shs Chess Depository Interests Repr 1 Sh

Black Dragon Gold Corp., listed on the ASX under the ticker BDG, is involved in the exploration and development of gold mining projects, with a key focus on the Salave Gold Project in northern Spain. The company aims to convert the agricultural land for industrial use to facilitate its mining activities, which are currently hindered by local urban restrictions.

YTD Price Performance: 0.0%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $4.9M

For a thorough assessment of BDG stock, go to TipRanks’ Stock Analysis page.

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