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An announcement from Resouro Gold Inc. ( (TSE:RSM) ) is now available.
Resouro Strategic Metals Inc. announced a non-brokered private placement aiming to raise up to CAD$2,000,000 through the sale of common shares. The funds will be used to advance the engineering program for the Tiros project and for general working capital. The offering is subject to regulatory approvals and will not involve related parties. This move is expected to support the company’s strategic initiatives in Brazil, enhancing its position in the mineral exploration industry.
More about Resouro Gold Inc.
Resouro Strategic Metals Inc. is a Canadian mineral exploration and development company focused on advancing economic mineral projects in Brazil. The company is listed on several exchanges, including ASX, TSX-V, OTC, and FSE, and is involved in projects such as the Tiros Titanium-Rare Earths Project and the Novo Mundo Gold Project.
Average Trading Volume: 57,681
Technical Sentiment Signal: Hold
Current Market Cap: C$17.9M
See more data about RSM stock on TipRanks’ Stock Analysis page.