Hercules Resources Corp. (TSE:HERC) has released an update.
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Hercules Resources Corp has successfully closed its first drawdown of $50,000 from the $5 million equity investment facility with Crescita Capital, issuing shares and warrants. The company also announced the termination of its agreement with CorpComm Services Ltd. and the expiration of its Letter of Intent with True North Liberty S.A regarding a mining concession, while reaffirming its commitment to global mineral exploration.
For further insights into TSE:HERC stock, check out TipRanks’ Stock Analysis page.