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Lahontan Gold Corp. ( (TSE:LG) ) just unveiled an announcement.
Lahontan Gold Corp. has successfully closed an upsized non-brokered private placement, raising $2,499,880.20 through the issuance of 16,665,868 units. The increased offering was driven by investor demand and will support general working capital and exploration at the Santa Fe Mine and West Santa Fe Projects. The transaction involved related party participation and adhered to TSX Venture Exchange policies, with securities subject to a hold period and specific warrant terms.
More about Lahontan Gold Corp.
Lahontan Gold Corp. is a Canadian mine development and mineral exploration company with a focus on gold and silver exploration properties located in the Walker Lane region, known for its mining-friendly environment.
Average Trading Volume: 2,057,564
Technical Sentiment Signal: Buy
Current Market Cap: C$44M
For a thorough assessment of LG stock, go to TipRanks’ Stock Analysis page.