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Golden Cariboo Resources ( (TSE:GCC) ) has issued an announcement.
Golden Cariboo Resources Ltd. has successfully closed its third and final tranche of a private placement, raising a total of $1,651,000 through the issuance of 33,020,000 shares. The funds will be allocated towards property exploration and general working capital, potentially enhancing the company’s exploration efforts and market positioning in the gold mining industry.
More about Golden Cariboo Resources
Golden Cariboo Resources Ltd. is a mining company focused on rediscovering the Cariboo Gold Rush through targeted drilling and trenching programs at its Quesnelle Gold Quartz Mine property in British Columbia. The company operates in a historically rich gold mining area with ongoing successful placer mining activities, and its property shares geological similarities with significant gold deposits worldwide.
Average Trading Volume: 185,467
Technical Sentiment Signal: Sell
Current Market Cap: C$3.96M
For a thorough assessment of GCC stock, go to TipRanks’ Stock Analysis page.