Generation Gold Corp. Class A (TSE:GEN) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Generation Uranium Inc. has successfully raised CAD$400,000 through a non-brokered private placement, with the funds earmarked for exploring new drill targets on the Yath Uranium Project in Nunavut and for general working capital. Investors in this offering will face resale restrictions on their shares, with 50% being restricted for six months and the remaining 50% for eight months post-closing. The company is also engaged in the development of the Arlington Property in British Columbia, alongside its Nunavut project.
For further insights into TSE:GEN stock, check out TipRanks’ Stock Analysis page.
