Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Forge Resources ( (TSE:FRG) ) just unveiled an update.
Forge Resources Corp. has increased its stake in Aion Mining Corp. to 80%, marking a significant milestone in its strategic expansion in the mining sector. This acquisition, structured with shares and promissory notes, ensures financial flexibility and supports Forge’s vision for sustainable growth. Additionally, the company has revised its flow-through private placement to raise $1,000,000, with the number of units offered increased to accommodate the unchanged fundraising goal.
More about Forge Resources
Forge Resources Corp. is a Canadian-listed junior exploration company that holds an 80% interest in Aion Mining Corp., which is developing the fully permitted La Estrella coal project in Santander, Colombia.
Average Trading Volume: 94,914
Technical Sentiment Signal: Buy
Current Market Cap: C$61.25M
See more data about FRG stock on TipRanks’ Stock Analysis page.