Goldstone Resources (GB:GRL) has released an update.
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Goldstone Resources Ltd has successfully raised £176,000 through a new share subscription and converted $300,000 of debt into equity, thereby strengthening its financial position. This capital will support the ongoing development of its Homase Mine in Ghana, aiming to increase gold production to 1,000 ounces per month. The new shares are set to be traded on AIM, expanding the company’s share capital.
For further insights into GB:GRL stock, check out TipRanks’ Stock Analysis page.