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Golden Rapture Mining Corporation ( (TSE:GLDR) ) just unveiled an update.
Golden Rapture Mining Corporation has amended the option agreement for its Phillips Township property, significantly reducing cash payments by $75,000 while increasing the share component. This strategic move is expected to enhance the company’s financial flexibility as it awaits results from a recent surface sampling program, which could impact its exploration strategy and stakeholder interests in the high-grade gold systems of NW Ontario.
More about Golden Rapture Mining Corporation
Golden Rapture Mining Corporation is a newly listed exploration company focused on acquiring, exploring, and developing high-potential assets. The company operates the Phillips Township Property in the Rainy River District of NW Ontario, which spans over 10,000 acres and includes past-producing high-grade gold systems with 18 mine shafts. Golden Rapture was listed on the CSE on March 8, 2024, and has 37,469,390 outstanding shares.
Average Trading Volume: 71,333
Technical Sentiment Signal: Sell
Find detailed analytics on GLDR stock on TipRanks’ Stock Analysis page.