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Crestview Exploration ( (TSE:GRUN) ) just unveiled an update.
Gold Runner Exploration Inc. has successfully closed a non-brokered private placement financing, raising $920,000 through the sale of 4,600,000 units at $0.20 per unit. The proceeds will be utilized for exploration and development of the company’s projects in the USA, geological evaluations in Canada, and general corporate purposes. This financing is expected to bolster Gold Runner’s operational capabilities and enhance its exploration activities, potentially strengthening 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 gold and silver properties 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 expanded its land position with the acquisition of the Dry Creek and Falcon silver-gold prospects, holding a total of 239 claims. The company also holds a 10% carried interest in the Cimarron project in Nevada.
Average Trading Volume: 21,413
Technical Sentiment Signal: Buy
Current Market Cap: C$2.07M
For an in-depth examination of GRUN stock, go to TipRanks’ Overview page.