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Relevant Gold Corp. ( (TSE:RGC) ) has issued an announcement.
Relevant Gold Corp. has successfully closed the first tranche of its upsized $8.5 million non-brokered private placement, raising $1.476 million through the sale of 4,920,000 common shares. Strategic investors Kinross Gold Corporation and William G. Bollinger are set to acquire significant stakes, each holding 19.9% of the company’s shares upon completion of the second tranche, which will also include investor rights agreements granting board nomination rights.
More about Relevant Gold Corp.
Relevant Gold Corp. operates in the mining industry, focusing on gold exploration and development. The company is involved in strategic partnerships and investments to enhance its market position.
YTD Price Performance: 13.46%
Average Trading Volume: 143,731
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$20.69M
See more data about RGC stock on TipRanks’ Stock Analysis page.