tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

BULGOLD Inc. Closes $1 Million Private Placement to Boost Exploration Efforts

Story Highlights
BULGOLD Inc. Closes $1 Million Private Placement to Boost Exploration Efforts

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1