The latest announcement is out from Golden Cariboo Resources ( (TSE:GCC) ).
Golden Cariboo Resources Ltd. has announced the extension of its private placement initially revealed in January 2025, having sold over 9.3 million units for proceeds exceeding $1.2 million. The funds raised will support ongoing property exploration and general working capital, with the private placement subject to Canadian Securities Exchange approval. This financial move is crucial for the company’s exploration activities at its Quesnelle Gold Quartz Mine property, which is part of a historically rich gold mining region.
More about Golden Cariboo Resources
Golden Cariboo Resources Ltd. operates in the mining industry, focusing on gold exploration. The company is engaged in rediscovering the Cariboo Gold Rush through targeted drilling and trenching programs on its Quesnelle Gold Quartz Mine property in British Columbia, Canada. The property is strategically located near significant geological features and historical gold production sites.
YTD Price Performance: -17.00%
Average Trading Volume: 30,517
Technical Sentiment Signal: Strong Buy
Current Market Cap: $5.5M
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