Galleon Gold Corp. (TSE:GGO) has released an update.
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Galleon Gold Corp. has successfully completed a $3M private placement of convertible debentures, supported by notable investors including Eric Sprott. The offering includes 3,000 units with each unit composed of a $1,000 debenture and 3,030 warrants, with options for conversion and redemption. The funds raised will be secured against gold in the company’s Golden Trove property stockpile.
For further insights into TSE:GGO stock, check out TipRanks’ Stock Analysis page.