Golden Spike Resources Corp (TSE:GLDS) has released an update.
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Golden Spike Resources Corp. has increased its private placement financing from 4 million to 4,170,500 units due to oversubscription, with significant investment from Eric Sprott, who now holds over 10% of the company. With a total raise of $625,575, the funds are earmarked for the exploration of the Gregory River copper-gold property in Newfoundland and for general capital needs. The company is poised to commence its 2024 exploration program with a strong financial backing and a bullish outlook on key commodities like copper and gold.
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