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Resouro Gold Inc. ( (TSE:RSM) ) has issued an update.
Resouro Strategic Metals Inc. announced an update on its non-brokered private placement of common shares, with the closing expected in the week commencing September 15, 2025. The company plans to use the proceeds to advance the engineering program for the Tiros project and for general working capital. This development is crucial for the preliminary economic assessment of the Tiros project, potentially strengthening Resouro’s position in the mineral exploration industry.
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. The Tiros project boasts 28 mineral concessions covering 497 km² in Minas Gerais, Brazil, with significant resources of titanium dioxide and rare earth oxides.
Average Trading Volume: 62,482
Technical Sentiment Signal: Hold
Current Market Cap: C$20.4M
For detailed information about RSM stock, go to TipRanks’ Stock Analysis page.