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Edgemont Gold Corp. ( (TSE:EDGM) ) has provided an update.
Edgemont Gold Corp. has successfully closed a non-brokered private placement, raising C$425,000 through the issuance of 8,500,000 units priced at C$0.05 each. The funds will be used for general working capital, and this move could enhance the company’s operational capacity and strengthen its market position in the mining sector.
More about Edgemont Gold Corp.
Edgemont Gold Corp. is engaged in the mining industry, focusing on the exploration and development of the Dungate copper/gold porphyry project located in British Columbia, Canada. The company owns a 100% interest in this project, situated in a region with notable past mining successes.
YTD Price Performance: 87.50%
Average Trading Volume: 78,922
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$1.28M
Find detailed analytics on EDGM stock on TipRanks’ Stock Analysis page.