Golden Arrow Resources (TSE:GRG) has released an update.
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Golden Arrow Resources has successfully closed the first tranche of its non-brokered private placement, raising $442,500 through issuance of units at $0.05 each. The funds raised will support the company’s working capital and their flagship San Pietro project in Chile. The offering is subject to regulatory approval and includes a hold period under Canadian securities laws.
For further insights into TSE:GRG stock, check out TipRanks’ Stock Analysis page.