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KO Gold, Inc. ( (TSE:KOG) ) has shared an announcement.
KO Gold Inc. has announced a non-brokered private placement aiming to raise up to C$2,000,000 through the issuance of 10,000,000 units, each comprising one common share and one transferable common share purchase warrant. The proceeds will be used for general working capital and to fund exploration drilling programs in the Otago Gold District, New Zealand, specifically targeting the Smylers and Carrick permits. This initiative is expected to bolster the company’s exploration efforts and potentially enhance its position within 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 highly prospective gold properties within the Otago Gold District in New Zealand. KO Gold owns four 100%-owned prospecting and exploration permits covering a combined land package of 400 km², with significant exploration activities conducted over the past five years.
Average Trading Volume: 24,265
Technical Sentiment Signal: Sell
Current Market Cap: C$4.26M
Learn more about KOG stock on TipRanks’ Stock Analysis page.