Landore Resources (GB:LND) has released an update.
Landore Resources Limited has reported raising approximately £4.28 million to fund its BAM Gold Project, alongside notable company developments including the appointment of a new CEO, Alexander Shaw, and the extension of existing option agreements. Despite a reported loss, the company remains debt-free with a cash position of £2.09 million and has planned technical activities to refine the geological model of the BAM orebody. The company’s strategic focus also includes advancing community engagement with First Nations communities in Ontario, Canada.
For further insights into GB:LND stock, check out TipRanks’ Stock Analysis page.
