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Fairchild Gold Corp. ( (TSE:FAIR) ) just unveiled an announcement.
Fairchild Gold Corp. announced a non-brokered private placement to raise up to C$1.2 million through the sale of 20 million units at C$0.06 per unit. The proceeds will be used for project expenditures at the Copper Chief Project in Nevada and for general working capital. The offering is expected to close by August 25, 2025, subject to necessary approvals, and aims to strengthen the company’s financial position for ongoing exploration activities.
More about Fairchild Gold Corp.
Fairchild Gold Corp. is a mineral exploration company focused on acquiring, exploring, and developing high-quality mineral properties in mining-friendly jurisdictions. The company’s flagship Nevada Titan Project is located in the historic Goodsprings mining district in Nevada, USA. Additionally, Fairchild Gold Corp. owns the Fairchild Lake Property, consisting of 108 mining claims in Ontario, Canada.
Average Trading Volume: 243,833
Technical Sentiment Signal: Sell
Current Market Cap: C$4.49M
For an in-depth examination of FAIR stock, go to TipRanks’ Overview page.