tiprankstipranks
Golden Goliath Launches $1.3 Million Private Placement
Company Announcements

Golden Goliath Launches $1.3 Million Private Placement

Gold Basin Resources Corporation (TSE:GXX) has released an update.

Don't Miss our Black Friday Offers:

Golden Goliath Resources Ltd. is set to raise $1.3 million through a non-brokered private placement at $0.05 per unit, which includes a warrant to purchase additional shares at $0.10 within 24 months. The proceeds are earmarked for drilling on its Wishore Property in Ontario and groundwork on its Rare Earth Element properties in Quebec, as well as for general working capital. This new financial venture comes after the cancellation of a previous financing plan due to market conditions.

For further insights into TSE:GXX stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App