Dixie Gold (TSE:DG) has released an update.
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Dixie Gold Inc. has successfully closed a non-brokered financing round, issuing 1,000,000 units at $0.05 per unit to support its working capital. The financing is subject to a four-month hold period and pending final approval from TSX Venture Exchange. An insider participated in this financing, which is considered a related-party transaction under regulatory guidelines.
For further insights into TSE:DG stock, check out TipRanks’ Stock Analysis page.