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Highway 50 Gold Completes $4.46 Million Private Placement

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Highway 50 Gold Completes $4.46 Million Private Placement

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An announcement from Highway 50 Gold ( (TSE:HWY) ) is now available.

Highway 50 Gold Corp. has successfully completed its non-brokered private placement, raising over $4.46 million through the issuance of 14,867,833 units. The funds will be allocated towards claim maintenance, a drill program at the Gold Knob project, and general working capital, potentially strengthening the company’s operational capabilities and market presence.

More about Highway 50 Gold

Highway 50 Gold Corp. operates in the mining industry, focusing on gold exploration and development. The company is involved in projects such as the Gold Knob project, aiming to enhance its market position through strategic exploration and capital investments.

Average Trading Volume: 18,453

Technical Sentiment Signal: Buy

Current Market Cap: C$9.42M

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

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