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An announcement from Cora Gold Ltd. ( (GB:CORA) ) is now available.
Cora Gold Limited has successfully closed a fundraising round, securing £1.550 million, and announced the granting of share options to directors, employees, and consultants. The share options cover 19,150,000 ordinary shares, representing 3.95% of the company’s issued share capital, with an exercise price of 6.25 pence per share. This move is part of Cora’s strategy to incentivize its team as it progresses with the Sanankoro Gold Project, which is expected to enhance the company’s market position and operational capabilities.
More about Cora Gold Ltd.
Cora Gold Limited is a West African gold developer with projects in Mali and Senegal, focusing on the Sanankoro Gold Project in the Yanfolila Gold Belt, south Mali. The company aims to develop this project into an open pit oxide mine and has identified significant gold mineralization potential in Senegal.
YTD Price Performance: 155.10%
Average Trading Volume: 689,826
Technical Sentiment Signal: Strong Sell
Current Market Cap: £26M
For an in-depth examination of CORA stock, go to TipRanks’ Stock Analysis page.