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The latest update is out from Rackla Metals ( (TSE:RAK) ).
Rackla Metals Inc. announced the exercise of over 11 million warrants, generating proceeds of over $4.4 million. The company expanded its land holdings in the Tombstone Gold Belt, increasing its area from 7,525 hectares to 23,175 hectares, and is working closely with local communities to ensure exploration activities align with community priorities.
More about Rackla Metals
Rackla Metals Inc. is a Vancouver-based junior gold exploration company focused on Reduced Intrusion-Related Gold Systems (RIRGS) mineralization in the southeastern part of the Tombstone Gold Belt in eastern Yukon and western Northwest Territories. The company aims to explore this underexplored area for potential large gold systems.
Average Trading Volume: 979,263
Technical Sentiment Signal: Buy
Current Market Cap: C$117.5M
For a thorough assessment of RAK stock, go to TipRanks’ Stock Analysis page.