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P2 Gold ( (TSE:PGLD) ) just unveiled an update.
P2 Gold Inc. has finalized the sale of its Ball Creek Claims, also known as the BAM Project, to Kingfisher Metals Corp. The transaction, which was previously announced, involved the exchange of 1,515,151 common shares of Kingfisher and C$950,000 in cash. The funds from this sale will be directed towards further metallurgical testing and permitting at P2 Gold’s Gabbs Project in Nevada, potentially enhancing its operational capabilities and advancing its strategic goals.
More about P2 Gold
P2 Gold Inc. is a mineral exploration and development company focused on advancing its gold-copper Gabbs Project on the Walker Lane Trend in Nevada. The company aims to establish a long-life, mid-size mine with significant annual gold and copper production.
YTD Price Performance: 5.00%
Average Trading Volume: 50,698
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $6.19M
See more data about PGLD stock on TipRanks’ Stock Analysis page.