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An update from St Charles Resources Inc ( (TSE:ZLTO) ) is now available.
BULGOLD Inc. has announced a non-brokered private placement to raise up to $1 million through the sale of common shares at $0.05 each. The proceeds from this offering will be used for exploration and general corporate purposes. The offering is expected to close by June 30, 2025, subject to necessary approvals, and includes a finder’s fee arrangement. This move could enhance BULGOLD’s exploration capabilities and strengthen its position in the gold exploration industry.
More about St Charles Resources Inc
BULGOLD Inc. is a gold exploration company focused on developing mineral exploration projects in Central and Eastern Europe. The company controls 100% of three quartz-adularia epithermal gold projects in the Bulgarian and Slovak regions of the Western Tethyan Belt, namely the Lutila, Kostilkovo, and Kutel Gold Projects. These assets are believed to have potential for high-grade, low-sulfidation epithermal gold mineralization.
Average Trading Volume: 33,293
Technical Sentiment Signal: Sell
For an in-depth examination of ZLTO stock, go to TipRanks’ Stock Analysis page.