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Highway 50 Gold ( (TSE:HWY) ) has issued an update.
Highway 50 Gold Corp. has increased its non-brokered private placement offering to $4.6 million due to strong investor demand. The proceeds will support claim maintenance, a drill program at the Gold Knob project, and general working capital, potentially strengthening the company’s exploration capabilities and market position.
More about Highway 50 Gold
Highway 50 Gold Corp. is a mineral exploration stage company led by a team of experienced explorers and mine finders, focusing on projects in Nevada. The company aims to leverage breakthroughs in understanding north-central Nevada’s crustal architecture to guide its exploration efforts.
Average Trading Volume: 17,523
Technical Sentiment Signal: Buy
Current Market Cap: C$8.24M
Learn more about HWY stock on TipRanks’ Stock Analysis page.