Nevada King Gold Corp. Expands Private Placement
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Nevada King Gold Corp. Expands Private Placement

Nevada King Gold Corp (TSE:NKG) has released an update.

Nevada King Gold Corp. has upsized its non-brokered private placement to $9.94 million due to strong demand, with significant participation from insiders and a new strategic shareholder. The increased funds will support the advancement of their Atlanta Gold Mine Project and provide working capital. The placement, which is fully allocated, includes a substantial $2 million investment by the company’s CEO, Collin Kettell.

For further insights into TSE:NKG stock, check out TipRanks’ Stock Analysis page.

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