Gold Digger Resources Inc ( (TSE:GDIG) ) has provided an update.
Gold Digger Resources Inc. has announced a non-brokered private placement aiming to raise up to $3.5 million through the sale of 10 million units, each consisting of a common share and a warrant. The funds will support the company’s field program in Botswana and general operations. Additionally, Gold Digger has finalized the acquisition of Premium Uranium Corporation and is preparing for its first field programs on seven uranium licenses in Botswana. The company is pioneering ISR extraction in this promising uranium basin, aiming to reduce capital expenditure compared to conventional mining. Gold Digger has also signed an advisory agreement with Canaccord Genuity Corp. to act as a financial advisor.
More about Gold Digger Resources Inc
Gold Digger Resources Inc. operates in the mining industry with a focus on uranium exploration and extraction. The company is actively exploring uranium potential in Botswana’s Letlhakane region, using innovative techniques such as in-situ recovery (ISR) extraction.
YTD Price Performance: -8.33%
Average Trading Volume: 28,542
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: C$7.24M
Learn more about GDIG stock on TipRanks’ Stock Analysis page.