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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.