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King Global Ventures ( (TSE:KING) ) has shared an announcement.
King Global Ventures announced the closing of its non-brokered private placement, raising $572,689 through the issuance of 1,145,378 units. Each unit consists of one common share and a two-year warrant, which allows the purchase of additional shares. The proceeds will be used for working capital and general corporate purposes, potentially strengthening the company’s financial position and operational capabilities.
More about King Global Ventures
King Global Ventures is a company focused on the exploration of precious and base metals in North America. It operates projects like the Black Canyon Property in Arizona, targeting copper-gold-silver-zinc mineralization, and the York Property in Quebec, which is strategically located between significant mining sites.
Average Trading Volume: 27,760
Technical Sentiment Signal: Hold
Current Market Cap: C$17.92M
Find detailed analytics on KING stock on TipRanks’ Stock Analysis page.