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KO Gold, Inc. ( (TSE:KOG) ) has shared an update.
KO Gold Inc. has announced new convertible loan agreements totaling C$200,000, complementing a previously announced C$2,000,000 private placement. The funds from these loans will be used for corporate and general administrative purposes, with a fixed and floating charge over the company’s assets as security. This financial move aims to enhance the company’s short-term liquidity and support its ongoing exploration activities in the Otago Gold District.
More about KO Gold, Inc.
KO Gold Inc. is a Canadian junior exploration company listed on the CSE under “KOG”. The company focuses on acquiring and exploring gold properties within the Otago Gold District in New Zealand. It holds eight 100%-owned prospecting and exploration permits covering 740 km2, with notable projects near significant gold deposits.
YTD Price Performance: -36.67%
Average Trading Volume: 11,022
Technical Sentiment Signal: Buy
For an in-depth examination of KOG stock, go to TipRanks’ Stock Analysis page.