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An announcement from Nexus Gold ( (TSE:NXS) ) is now available.
Nexus Gold Corp. has announced a non-brokered private placement to raise up to $420,000 through the issuance of 42,000,000 units, each consisting of one common share and one share purchase warrant. The funds will be used to settle existing payables, cover audit and public disclosure costs, maintain property interests, and provide general working capital. Additionally, the company has appointed Rodney Stevens as Interim CFO following Kevin Hart’s resignation from the CFO role, though Hart will remain on the Board of Directors.
More about Nexus Gold
Nexus Gold is a Canadian-based gold development company with an extensive portfolio of exploration projects in West Africa, covering over 9,000 hectares on active gold belts and proven mineralized trends.
YTD Price Performance: -50.0%
Average Trading Volume: 80,018
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$480.7K
For detailed information about NXS stock, go to TipRanks’ Stock Analysis page.