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An update from Fosterville South Exploration ( (TSE:GPAC) ) is now available.
Great Pacific Gold Corp. has successfully closed a $16.9 million private placement financing, led by Canaccord Genuity Corp. The funds raised will be directed towards drilling at the Wild Dog Project, additional exploration activities in Papua New Guinea, and general corporate purposes. This financing strengthens the company’s financial position, enabling it to advance its exploration projects and potentially enhance its market standing within the gold-copper exploration sector.
More about Fosterville South Exploration
Great Pacific Gold is an exploration-stage company with a focus on developing gold-copper resources in Papua New Guinea. The company holds a portfolio of projects, including the Kesar Project in the Eastern Highlands province and the Wild Dog Project in the East New Britain province, both of which are promising for their high-grade gold potential.
Average Trading Volume: 233,535
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$46.67M
See more insights into GPAC stock on TipRanks’ Stock Analysis page.