Relevant Gold Corp. (TSE:RGC) 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.
Relevant Gold Corp. has secured a $1,530,000 investment through a private placement with Kinross Gold Corporation, resulting in Kinross holding approximately 9.9% of Relevant Gold’s common shares. This strategic partnership underscores Kinross’s confidence in Relevant Gold’s exploration potential and will aid in funding the company’s exploration projects in Wyoming, USA. The deal also includes the formation of a technical advisory committee and grants Kinross rights concerning future financial participations and ownership increases.
For further insights into TSE:RGC stock, check out TipRanks’ Stock Analysis page.