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Goldflare Exploration Inc ( (TSE:GOFL) ) has provided an announcement.
Goldflare Exploration Inc. announced its reinstatement to trading on the TSX Venture Exchange, addressing prior compliance issues and providing several updates aimed at improving its financial outlook and operational stability. Key developments include the sale of its Duplessis properties for CAD $250,000, the correction of a private placement amount, the conclusion of its market-making services contract, and the commitment to hold an Annual General Meeting in compliance with regulatory requirements. These measures, along with plans to raise additional capital, position the company to meet working capital requirements and ensure stability for stakeholders.
More about Goldflare Exploration Inc
Goldflare Exploration Inc. operates in the mining and exploration industry, focusing on the acquisition and development of mining properties, primarily in Canada. The company engages in exploration activities and works toward enhancing its portfolio with mining titles and related assets.
Technical Sentiment Signal: Sell
Current Market Cap: C$1.21M
For an in-depth examination of GOFL stock, go to TipRanks’ Overview page.