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Golden Cariboo Resources ( (TSE:GCC) ) has issued an update.
Golden Cariboo Resources Ltd. has announced two separate non-brokered private placement offerings to raise funds for exploration and working capital. The first offering aims to raise between $1.3 million and $1.69 million, while the second seeks up to $1 million. The proceeds will be used for a modest drill program and continued property exploration. The company has also amended the exercise prices of certain warrants, potentially impacting investor returns.
More about Golden Cariboo Resources
Golden Cariboo Resources Ltd. is involved in the exploration and development of gold mining properties, focusing on the historic Cariboo Gold Rush area. The company is engaged in targeted drilling and trenching programs at its Quesnelle Gold Quartz Mine property.
Average Trading Volume: 149,594
Technical Sentiment Signal: Sell
Current Market Cap: C$6.14M
For detailed information about GCC stock, go to TipRanks’ Stock Analysis page.