tiprankstipranks
Trending News
More News >

Goldflare Exploration Inc. Launches $504,000 Private Placement Offering

Story Highlights
Goldflare Exploration Inc. Launches $504,000 Private Placement Offering

Don’t Miss TipRanks’ Half-Year Sale

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.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1