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Golden Cross Resources ( (TSE:AUX) ) has provided an announcement.
Golden Cross Resources announced a non-brokered private placement to raise up to C$3 million, with the potential to increase to C$5 million. The funds will be used to accelerate exploration and development at the Reedy Creek gold project in Victoria, Australia, enhancing the company’s operational capabilities and potentially strengthening its market position in the mineral exploration industry.
More about Golden Cross Resources
Golden Cross Resources is a Canadian mineral exploration company focused on advancing its 100% owned Reedy Creek high-grade gold project located in Victoria, Australia. The project is strategically positioned near Southern Cross Gold’s Sunday Creek gold discovery.
YTD Price Performance: 279.56%
Average Trading Volume: 160,840
Technical Sentiment Signal: Buy
Current Market Cap: C$32.59M
Find detailed analytics on AUX stock on TipRanks’ Stock Analysis page.