Maple Gold Mines Ltd (TSE:MGM) has released an update.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Maple Gold Mines Ltd. has announced a major restructuring transaction with Agnico Eagle, allowing Maple Gold to gain full ownership of the Douay and Joutel Gold Projects in Québec. Additionally, they plan to raise C$4.05 million through a private placement of flow-through shares. This strategic move consolidates Maple Gold’s position in the region and opens up the prospect of sole exploration and development of these high-grade mining assets.
For further insights into TSE:MGM stock, check out TipRanks’ Stock Analysis page.