Relevant Gold Corp. Upsizes Private Placement to $7 Million

Relevant Gold Corp. ( (TSE:RGC) ) just unveiled an announcement.

Relevant Gold Corp. has announced an increase in its non-brokered private placement to 23,333,333 shares, totaling $7 million. The proceeds will support exploration activities in Wyoming and general working capital. Certain directors and officers may participate in this related party transaction, which is exempt from certain regulatory requirements. The financing is subject to TSX Venture Exchange approval, and the company expects to close the placement by late February 2025.

More about Relevant Gold Corp.

Relevant Gold Corp. is a North American gold exploration company, specializing in the acquisition, exploration, discovery, and development of district-scale gold projects in Wyoming, a mining-friendly jurisdiction in the United States.

YTD Price Performance: -1.92%

Average Trading Volume: 143,349

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$17.89M

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