Grande Portage Resources (TSE:GPG) has released an update.
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Grande Portage Resources Ltd. has successfully completed a non-brokered private placement, raising over $1 million by issuing over 5.8 million units at $0.18 each, which includes common shares and warrants. These warrants allow holders to purchase additional shares at a set price within 24 months, underlining the company’s growth prospects within the prolific Juneau Gold Belt. The raised funds will be subject to a standard four-month hold period.
For further insights into TSE:GPG stock, check out TipRanks’ Stock Analysis page.