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Pacgold Limited ( (AU:PGO) ) has issued an announcement.
Pacgold Limited has announced the acquisition of the White Dam Gold Operation from GBM Resources Ltd, following confidential negotiations. This strategic move is accompanied by a planned capital raising through a placement to professional and sophisticated investors, potentially impacting the company’s market position and shareholder value.
More about Pacgold Limited
Pacgold Limited operates in the mining industry, focusing primarily on gold exploration and production. The company is engaged in acquiring and developing gold mining assets, with a market focus on expanding its portfolio through strategic acquisitions.
Average Trading Volume: 755,069
Technical Sentiment Signal: Buy
Current Market Cap: A$21.28M
See more data about PGO stock on TipRanks’ Stock Analysis page.