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An announcement from Relevant Gold Corp. ( (TSE:RGC) ) is now available.
Relevant Gold Corp. has successfully closed the second tranche of its non-brokered private placement, raising a total of $8.5 million CAD. Strategic investors Kinross Gold Corporation and William G. Bollinger have each acquired a 19.9% stake in the company, enhancing their influence through investor rights agreements. The funds will be used for exploration activities in Wyoming, USA, and general working capital, potentially strengthening the company’s position in the mining sector.
More about Relevant Gold Corp.
YTD Price Performance: 53.85%
Average Trading Volume: 39,989
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$28.06M
See more data about RGC stock on TipRanks’ Stock Analysis page.