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Gold Reserve’s Private Placement Book Successfully Closed

Gold Reserve’s Private Placement Book Successfully Closed

Gold Reserve (TSE:GRZ) has released an update.

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Gold Reserve Inc. has announced the successful closure of its private placement book by Cantor Fitzgerald Canada Corporation, with expected gross proceeds of US$15 million from the sale of Class A common shares at US$3.50 each. The offering is scheduled to close on June 7, 2024, pending formal documentation and required regulatory approvals, including that of the TSX Venture Exchange.

For further insights into TSE:GRZ stock, check out TipRanks’ Stock Analysis page.

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