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The latest announcement is out from KO Gold, Inc. ( (TSE:KOG) ).
KO Gold Inc. has announced a non-brokered private placement to raise up to C$1,800,000 through the issuance of 12,000,000 units, each consisting of one common share and one transferable warrant. The proceeds will be used for general working capital and to fund exploration and drilling programs in the Otago Gold District, New Zealand. This strategic move aims to bolster the company’s financial resources and support its ongoing exploration efforts, potentially enhancing its position in the gold exploration industry.
More about KO Gold, Inc.
KO Gold Inc. is a Canadian junior exploration company listed on the CSE under the symbol ‘KOG’. The company focuses on acquiring and exploring promising gold properties within the Otago Gold District in New Zealand. KO Gold holds four 100%-owned prospecting and exploration permits covering a combined area of 400 km², with notable projects adjacent to OceanaGold’s Macraes Gold Mine and near Santana Minerals’ Bendigo-Ophir Gold Project.
Average Trading Volume: 24,072
Technical Sentiment Signal: Sell
Current Market Cap: C$3.91M
For an in-depth examination of KOG stock, go to TipRanks’ Overview page.