Prospect Ridge Resources Corp. (TSE:PRR) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Prospect Ridge Resources Corp. has successfully completed the initial tranche of its private placement, raising $2,125,520 by issuing over 13 million units at 16 cents each, alongside planning a further private placement of flow-through units to raise up to $1.8 million. The funds will bolster the British Columbia-based company’s efforts in gold exploration within the Golden Triangle region, leveraging their team’s century-spanning collective experience in mineral exploration.
For further insights into TSE:PRR stock, check out TipRanks’ Stock Analysis page.