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Amseco Exploration ( (TSE:CAN) ) has shared an update.
Canadian Gold Resources has launched a new non-brokered listed issuer financing after its previous LIFE offerings expired under securities rules, aiming to raise up to $1.81 million through a mix of non-flow-through and flow-through units. The structure includes free-trading common shares in Canada and warrants with accelerated-expiry features tied to share price performance, along with standard finder commissions and finder’s warrants, while the company also plans a concurrent non-brokered private placement of flow-through securities in response to strong investor demand, signaling an intensified capital-raising effort to support its exploration activities.
More about Amseco Exploration
Canadian Gold Resources Ltd. is a Canadian mineral exploration company listed on the TSX Venture Exchange under the symbol CAN, focused on advancing gold projects and raising capital through equity financings in the junior mining sector.
Average Trading Volume: 113,294
Technical Sentiment Signal: Sell
Current Market Cap: C$5.42M
For a thorough assessment of CAN stock, go to TipRanks’ Stock Analysis page.