Satori Resources ( (TSE:CGC) ) has provided an update.
Canadian Gold Corp., a company focused on gold exploration and development, has announced a strategic investment agreement with McEwen Mining Inc., which will become a 5.9% shareholder. This investment will provide approximately $3 million in funding, enabling Canadian Gold to advance its exploration efforts at the Tartan Mine, including expanding and quantifying resources in various zones. The partnership is seen as a significant endorsement of Canadian Gold’s exploration results and strategic plans.
More about Satori Resources
YTD Price Performance: 16.13%
Average Trading Volume: 32,760
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: C$34.1M
For a thorough assessment of CGC stock, go to TipRanks’ Stock Analysis page.