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Fairchild Gold Corp. ( (TSE:FAIR) ) has shared an update.
Fairchild Gold Corp. has increased its non-brokered financing offering from C$1.2 million to C$1.44 million due to strong investor demand. The company plans to use the proceeds for project expenditures at its Copper Chief Project in Nevada, USA, and for general working capital. The offering is expected to close in multiple tranches, with the first tranche scheduled for August 27, 2025. This move is expected to strengthen Fairchild Gold’s financial position and support its 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 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: 211,975
Technical Sentiment Signal: Buy
Current Market Cap: C$4.99M
For detailed information about FAIR stock, go to TipRanks’ Stock Analysis page.