K2 Gold (TSE:KTO) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
K2 Gold Corporation is set to enhance its financial flexibility by initiating a non-brokered private placement aimed at raising $1.5 million. Investors will be offered units comprising common shares and warrants, with an acceleration clause attached to the warrants. The funds are earmarked for the exploration and final permitting of the Mojave project and for bolstering the company’s general working capital.
For further insights into TSE:KTO stock, check out TipRanks’ Stock Analysis page.