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Goldflare Exploration Inc ( (TSE:GOFL) ) has issued an update.
Goldflare Exploration Inc. has announced a new private placement offering at $0.045 per unit, with expectations to raise gross proceeds of $504,000 through the issuance of 11,200,000 units. The proceeds from this offering will be utilized to support the company’s current operations and meet working capital requirements. The closing of this private placement is anticipated on or before February 24, 2025, pending formal documentation and regulatory approvals. This move signifies Goldflare’s ongoing efforts to sustain its financial stability and operational growth.
More about Goldflare Exploration Inc
Goldflare Exploration Inc. is a company operating in the mining industry, focusing on the exploration and development of mineral properties. It is involved in the acquisition and exploration of high-potential mining sites, primarily targeting gold deposits.
YTD Price Performance: 20.0%
Average Trading Volume: 21,960
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$1.25M
For an in-depth examination of GOFL stock, go to TipRanks’ Stock Analysis page.