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Golden Age Exploration Ltd. ( (TSE:GDN) ) has shared an announcement.
Golden Age Exploration Ltd. has announced a non-brokered private placement of up to 5,000,000 units at $0.05 per unit, for gross proceeds of up to $250,000, with each unit comprising one common share and a transferable warrant exercisable at $0.065 for two years. The financing, which has received conditional approval from the Canadian Securities Exchange, will provide additional working capital for administration, exploration and evaluation expenditures, and other short-term investments, reinforcing the company’s funding base for ongoing operations while subjecting the new shares to a four-month hold period under applicable securities laws.
More about Golden Age Exploration Ltd.
Golden Age Exploration Ltd., listed on the Canadian Securities Exchange under the symbol GDN, operates in the mineral exploration sector, focusing on early-stage exploration and evaluation activities. The company’s work centers on advancing its exploration projects and managing associated administration and working capital needs typical of junior resource issuers.
Average Trading Volume: 251,000
Technical Sentiment Signal: Sell
For an in-depth examination of GDN stock, go to TipRanks’ Overview page.