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An update from Fairchild Gold Corp. ( (TSE:FAIR) ) is now available.
Fairchild Gold Corp. has announced an increase in its non-brokered private placement, aiming to raise an additional $1,000,000 through the issuance of units priced at $0.06 each. The funds will be used for geophysical surveys and expanded field work at the Company’s Nevada project, as well as for marketing and general working capital. This move is expected to enhance the company’s exploration capabilities and strengthen its market position in the mineral exploration sector.
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 in the historic Goodsprings mining district in Nevada, USA. The Company is also the 100% owner of the Fairchild Lake Property consisting of 108 mining claims covering an area of 2,224 hectares, located approximately 250 kilometres northwest of the city of Thunder Bay in the Patricia Mining Division, Ontario.
Average Trading Volume: 231,881
Technical Sentiment Signal: Sell
Current Market Cap: C$3.56M
See more insights into FAIR stock on TipRanks’ Stock Analysis page.
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