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An announcement from Golden Cross Resources ( (TSE:AUX) ) is now available.
Golden Cross Resources has increased its non-brokered private placement to C$5 million due to significant investor demand. The funds raised will be used to accelerate exploration and development at the Reedy Creek gold project, enhancing the company’s operational capabilities and potentially strengthening its position in the mineral exploration industry.
More about Golden Cross Resources
Golden Cross Resources is a Canadian mineral exploration company focused on the advancement of its 100% owned Reedy Creek high-grade gold project in Victoria, Australia. The project is strategically located near Southern Cross Gold’s Sunday Creek gold discovery.
Average Trading Volume: 192,252
Technical Sentiment Signal: Buy
Current Market Cap: C$41.05M
Find detailed analytics on AUX stock on TipRanks’ Stock Analysis page.