tiprankstipranks
Trending News
More News >

Nordique Resources Launches $1.5 Million Private Placement to Boost Exploration

Story Highlights
Nordique Resources Launches $1.5 Million Private Placement to Boost Exploration

Confident Investing Starts Here:

The latest update is out from Brascan Gold ( (TSE:NORD) ).

Nordique Resources Inc. has announced a non-brokered private placement to raise up to $1.5 million through the sale of 10 million common shares at $0.15 each. The proceeds will be used for exploration expenditures and general working capital, with the offering subject to regulatory approvals and a minimum gross proceeds threshold of $1 million. This move is part of Nordique’s strategy to strengthen its financial position and support its exploration activities in Canada and Finland.

More about Brascan Gold

Nordique Resources is a Canadian exploration company focused on advancing high-potential gold opportunities. It aims to build a diversified portfolio across prospective mineral belts, with current interests in the Fairview Project in British Columbia and the Isoneva Project in Finland.

Average Trading Volume: 36,118

Technical Sentiment Signal: Buy

Current Market Cap: C$6.05M

Learn more about NORD stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1