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Goldstorm Metals Upsizes Private Placement to $2.1 Million

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Goldstorm Metals Upsizes Private Placement to $2.1 Million

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Goldstorm Metals Corp. ( (TSE:GSTM) ) has issued an update.

Goldstorm Metals Corp. announced an increase in its private placement financing to approximately $2.1 million due to strong investor demand, with participation from Eric Sprott. The funds will be used for working capital, corporate purposes, and Canadian exploration expenses, potentially impacting the company’s exploration activities and positioning in the 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, with the Crown Project located near Seabridge Gold’s KSM gold-copper deposits and Newmont Corporation’s Brucejack/Valley of the Kings gold mine.

Average Trading Volume: 178,405

Technical Sentiment Signal: Buy

See more insights into GSTM stock on TipRanks’ Stock Analysis page.

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