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Golden Spike Secures Funding, Sprott Ups Stake

Golden Spike Secures Funding, Sprott Ups Stake

Golden Spike Resources Corp (TSE:GLDS) has released an update.

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Golden Spike Resources Corp has successfully completed an oversubscribed private placement, raising $625,000 through the issuance of over 4 million units. Renowned investor Eric Srot has increased his stake, becoming an insider with more than 10% ownership, signaling strong market confidence in the company. The funds will boost exploration activities at the Gregory River property and support general capital needs.

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

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