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Fairchild Gold Corp. ( (TSE:FAIR) ) just unveiled an update.
Fairchild Gold Corp. announced an oversubscribed non-brokered private placement financing with European investors, expected to raise approximately C$1,080,000. The funds will be used to advance the company’s Nevada gold projects and for general working capital, highlighting strong investor confidence in Fairchild’s strategy and potential. This financing marks a significant step in the company’s development, aiming to unlock value for shareholders and accelerate growth in Nevada.
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 project is the Nevada Titan Project located in the historic Goodsprings mining district in Nevada, USA. Additionally, Fairchild Gold Corp. owns the Fairchild Lake Property in Ontario, Canada.
Average Trading Volume: 260,107
Technical Sentiment Signal: Buy
Current Market Cap: C$9.56M
For an in-depth examination of FAIR stock, go to TipRanks’ Overview page.