Pacific Ridge Secures Funds for Copper-Gold Projects
Company Announcements

Pacific Ridge Secures Funds for Copper-Gold Projects

Pacific Ridge Exploration (TSE:PEX) has released an update.

Pacific Ridge Exploration Ltd. has successfully closed the second portion of its non-brokered private placement, securing $1.76 million in funding. The company will allocate these funds to general working capital and to further exploration activities at its primary Kliyul copper-gold project and other similar projects in British Columbia. This financial milestone arrives amidst a favorable market with high gold prices and copper trading above $4.00 per pound, boosting the company’s exploration endeavors.

For further insights into TSE:PEX stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskPacific Ridge Hits Copper in Every Chuchi Project Drill
TipRanks Canadian Auto-Generated NewsdeskPacific Ridge Launches Survey at Redton Copper-Gold Site
TipRanks Canadian Auto-Generated NewsdeskPacific Ridge Begins Exciting Drill at Chuchi Project
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App