Pacific Ridge Exploration (TSE:PEX) has released an update.
Pacific Ridge Exploration Ltd. has announced a 30-day extension on the closing of its $2 million non-brokered private placement, with $1.68 million already raised. The funds are earmarked for general working capital and for initiating a pioneering diamond drill program at their Chuchi copper-gold project in British Columbia. This project is noteworthy for its untested potential at depth, with historic drillings being shallow and ending in mineralization.
For further insights into TSE:PEX stock, check out TipRanks’ Stock Analysis page.
