Goldstone Resources (GB:GRL) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Goldstone Resources Ltd has announced a £600,000 funding round through the issuance of new shares, at a significant discount, to support the expansion of the Homase Mine in Ghana. The proceeds are aimed at increasing gold production to 1,000 ounces per month. An application has been made for the new shares to be admitted to trading on AIM, with expected commencement on 27 August 2024.
For further insights into GB:GRL stock, check out TipRanks’ Stock Analysis page.