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The latest update is out from Pancontinental Gold ( (TSE:RUSH) ).
Carolina Rush Corporation has announced a non-brokered private placement offering to raise up to C$3 million, conditional upon shareholder approval of a proposed transaction with OceanaGold Corporation. The proceeds will be used for working capital and corporate purposes, with the offering expected to close in December 2025. This move is seen as a strategic step to provide the company with resources to support its growth and exploration activities, potentially impacting its market position and stakeholder interests.
More about Pancontinental Gold
Carolina Rush Corporation is a Southeastern U.S.-focused exploration company advancing the Brewer Gold-Copper Project in South Carolina. The Brewer project is a large, underexplored system with potential for both near-surface epithermal and deeper porphyry-style mineralization. It is located near OceanaGold’s Haile Gold Mine, which has significant gold production.
Average Trading Volume: 105,521
Technical Sentiment Signal: Hold
Current Market Cap: C$6.2M
Find detailed analytics on RUSH stock on TipRanks’ Stock Analysis page.