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Goldflare Exploration Inc ( (TSE:GOFL) ) just unveiled an update.
Goldflare Exploration Inc. has successfully closed a private placement, raising $265,000 through the issuance of 5,888,889 common shares at $0.045 per unit. This financial move, pending final approval from the TSX Venture Exchange, is intended to support the company’s working capital requirements, potentially enhancing its operational capacity and market positioning.
More about Goldflare Exploration Inc
Goldflare Exploration Inc. operates in the mining industry, focusing on the exploration and development of gold properties. The company is engaged in identifying and advancing gold mining projects, primarily targeting promising geological formations to expand its resource base.
YTD Price Performance: 12.50%
Average Trading Volume: 20,979
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$1.04M
For detailed information about GOFL stock, go to TipRanks’ Stock Analysis page.