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Dragon Mountain Gold Limited ( (AU:DMG) ) just unveiled an announcement.
Dragon Mountain Gold Limited announced a board change with the resignation of Mr. Gernot Abl and the appointment of Mr. Kenneth Robinson, who brings extensive experience in mining tenements and project transactions. Additionally, the company addressed its financial strategy by securing a $700,000 loan from a major shareholder to repay existing convertible loans and support working capital, indicating a proactive approach to financial management.
More about Dragon Mountain Gold Limited
Dragon Mountain Gold Limited operates in the mining industry, focusing on maintaining mining tenures and engaging in mining equipment supply. The company is involved with projects such as the Cawse and Avalon Projects.
Technical Sentiment Signal: Sell
Current Market Cap: A$1.58M
For detailed information about DMG stock, go to TipRanks’ Stock Analysis page.