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Stratabound Minerals ( (TSE:LOD) ) has issued an update.
Lode Gold Resources Inc. has successfully closed a $1.51 million upsized private placement, raising funds to support its business plans and subsidiary operations. The company also announced management changes with the resignation of its CFO and an extension of a construction loan agreement. Additionally, a legal dispute with a former CEO was resolved, with no material impact on the company’s financial results.
More about Stratabound Minerals
Lode Gold Resources Inc. is an exploration and development company with projects in Canada and the United States. In Canada, it holds assets in the Yukon and New Brunswick, focusing on gold exploration. In the United States, its primary focus is the Fremont Mine in California, which has a significant gold resource potential.
Average Trading Volume: 36,643
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$8.71M
See more insights into LOD stock on TipRanks’ Stock Analysis page.