Nevada King Gold Corp (TSE:NKG) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Nevada King Gold Corp has successfully closed a brokered private placement, raising $6.1 million through the sale of common shares at $0.34 each. The total proceeds from both the brokered and non-brokered offerings are anticipated to reach $11.7 million, which will be used to advance the Atlanta Gold Mine Project and for working capital.
For further insights into TSE:NKG stock, check out TipRanks’ Stock Analysis page.