NewOrigin Gold (TSE:NEWO) has released an update.
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NewOrigin Gold Corp. has completed a share issuance to settle over $181,000 in debts, involving transactions with company insiders and a planned acquisition by Harfang Exploration Inc. The shares issued are subject to a four-month hold period and regulatory approvals. Additionally, Dr. Robert Valliant’s company, through these transactions, will increase its holding to over 10% of NewOrigin’s shares.
For further insights into TSE:NEWO stock, check out TipRanks’ Stock Analysis page.