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Cassiar Gold Secures $6.8M for BC Project

Cassiar Gold Secures $6.8M for BC Project

Margaux Resources (TSE:GLDC) has released an update.

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Cassiar Gold Corp. has successfully completed a $6.8 million private placement to fund its Cassiar Gold Project in British Columbia. The placement included a mix of units and flow-through shares, with the proceeds aimed at exploration expenses and general working capital. The offering also involved finders’ fees and participation by company insiders in accordance with regulatory exemptions.

For further insights into TSE:GLDC stock, check out TipRanks’ Stock Analysis page.

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