Golden Arrow Resources (TSE:GRG) has released an update.
Golden Arrow Resources announces a non-brokered private placement to raise $500,000 through the sale of 10 million units, each comprising a common share and a purchase warrant. This financial move aims to support the company’s working capital and its flagship San Pietro project in Chile. The initiative is pending regulatory approval and includes a four-month hold period for the securities issued.
For further insights into TSE:GRG stock, check out TipRanks’ Stock Analysis page.