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An update from Crestview Exploration ( (TSE:GRUN) ) is now available.
Gold Runner Exploration Inc. announced a non-brokered private placement to raise up to $920,000 through the sale of 4,600,000 units at $0.20 per unit. The proceeds will be used for exploration and development of the company’s projects in the USA, geological evaluation in Canada, and for working capital. The offering is subject to regulatory approvals, and the company has been granted an exception from shareholder approval due to financial hardship. This move is expected to bolster Gold Runner’s exploration efforts and strengthen its position in the mining industry.
More about Crestview Exploration
Gold Runner Exploration Inc. is an experienced exploration company focused on the exploration and development of its portfolio of gold and silver properties located in prolific mining districts of Canada and the USA. The company’s flagship asset is the Rock Creek gold project, which includes 74 unpatented lode mining claims. Gold Runner has strategically expanded its land position with the acquisition of the Dry Creek prospect and the Falcon silver-gold prospect, holding a total of 239 claims. Additionally, the company holds a 10% carried interest in the Cimarron project in Nevada.
Average Trading Volume: 17,792
Technical Sentiment Signal: Hold
Current Market Cap: C$921.3K
Find detailed analytics on GRUN stock on TipRanks’ Stock Analysis page.