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The latest announcement is out from St Charles Resources Inc ( (TSE:ZLTO) ).
BULGOLD Inc. has successfully closed a non-brokered private placement, raising approximately $1.08 million through the sale of over 21 million common shares. The proceeds will be used for exploration and general corporate purposes, enhancing the company’s operational capabilities in its target regions. The transaction, involving insider participation, is subject to final approval by the TSX Venture Exchange, with shares under a hold period until November 2025.
More about St Charles Resources Inc
BULGOLD Inc. is a gold exploration company focused on developing mineral projects in Central and Eastern Europe. The company owns three quartz-adularia epithermal gold projects in Bulgaria and Slovakia, which are believed to have potential for high-grade gold mineralization.
Average Trading Volume: 19,231
Technical Sentiment Signal: Sell
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