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Golden Cariboo Resources Closes Oversubscribed Private Placement

Story Highlights
  • Golden Cariboo Resources raised $1,324,900 through an oversubscribed private placement.
  • The funds will support exploration at the Quesnelle Gold Quartz Mine, boosting their industry position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Golden Cariboo Resources Closes Oversubscribed Private Placement

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Golden Cariboo Resources ( (TSE:GCC) ) has issued an announcement.

Golden Cariboo Resources Ltd. announced the successful closure of an oversubscribed private placement, raising $1,324,900 through the issuance of 17,665,335 units. This funding will support their exploration activities at the Quesnelle Gold Quartz Mine property, enhancing their position in the gold mining sector and potentially benefiting stakeholders through increased exploration and development activities.

More about Golden Cariboo Resources

Golden Cariboo Resources Ltd. is involved in the mining industry, focusing on gold exploration and development. The company is working on the Quesnelle Gold Quartz Mine property in British Columbia, which is historically significant for gold mining and is located near the Cariboo Gold Project.

YTD Price Performance: -50.0%

Average Trading Volume: 165,530

Technical Sentiment Signal: Sell

Current Market Cap: C$4.92M

Learn more about GCC stock on TipRanks’ Stock Analysis page.

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