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The latest update is out from Ongold Resources Ltd ( (TSE:ONAU) ).
Ongold Resources Ltd has successfully completed an upsized private placement, raising C$9.3 million. The proceeds from this offering will be used to fund exploration expenditures in Ontario and Manitoba, as well as for general corporate purposes, enhancing the company’s operational capabilities and market positioning.
More about Ongold Resources Ltd
Ongold Resources Ltd is a company operating in the mining industry, focusing on exploration and development of mineral resources. The company is engaged in activities related to flow-through mining expenditures and exploration properties primarily in Ontario and Manitoba, Canada.
Average Trading Volume: 84,323
Technical Sentiment Signal: Strong Buy
For an in-depth examination of ONAU stock, go to TipRanks’ Overview page.