Highway 50 Gold (TSE:HWY) has released an update.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Highway 50 Gold Corp. has secured $639,788.09 in interest-free, unsecured loans from insiders, repayable by 2026, with a bonus of nearly 4 million warrants exercisable at $0.16. The funds will cover property maintenance and working capital, while the loans, deemed related party transactions, have been approved by independent directors. The involved insiders’ stakes in the company will be adjusted accordingly, and they may alter their investment based on market conditions.
For further insights into TSE:HWY stock, check out TipRanks’ Stock Analysis page.