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Resouro Gold Inc. ( (TSE:RSM) ) has provided an update.
Resouro Strategic Metals Inc. has successfully completed the final tranche of its non-brokered private placement, raising a total of CAD$3,000,000. The funds will be used to advance engineering and metallurgical programs for the Tiros project and for general working capital. The company welcomes Jose Luis Manzano as a strategic investor, whose experience and network are expected to be invaluable. This investment reflects confidence in Resouro’s strategy and progress, enabling the company to move forward with its technical and economic studies.
More about Resouro Gold Inc.
Resouro Strategic Metals Inc. is a Canadian mineral exploration and development company listed on the ASX, TSXV, OTC, and FSE. The company focuses on discovering and advancing economic mineral projects in Brazil, including the Tiros Titanium-Rare Earths Project and the Novo Mundo Gold Project.
Average Trading Volume: 117,952
Technical Sentiment Signal: Buy
Current Market Cap: C$37.88M
For detailed information about RSM stock, go to TipRanks’ Stock Analysis page.