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An announcement from Goldstorm Metals Corp. ( (TSE:GSTM) ) is now available.
Goldstorm Metals Corp. has announced an increase in its non-brokered private placement financing to $1.8 million due to strong investor demand, with participation from Eric Sprott. The funds raised will be used for working capital, general corporate purposes, and Canadian exploration expenses, which will qualify as flow-through mining expenditures. This move could enhance Goldstorm’s operational capabilities and strengthen its position in the precious metals exploration industry.
More about Goldstorm Metals Corp.
Goldstorm Metals Corp. is a precious and base metals exploration company with a strategic land position in the Golden Triangle of British Columbia, an area known for large and high-grade gold deposits. Their flagship projects, Crown and Electrum, cover approximately 16,469 hectares and are situated near significant gold-copper deposits and mines.
Average Trading Volume: 147,365
Technical Sentiment Signal: Hold
See more data about GSTM stock on TipRanks’ Stock Analysis page.