Ridgeline Minerals ( (TSE:RDG) ) has provided an announcement.
Ridgeline Minerals Corp. announced a non-brokered private placement to raise $500,020 through the sale of 2,174,000 common shares at $0.23 per share. The proceeds will fund exploration activities in Nevada and general working capital, potentially strengthening the company’s operational capabilities and market positioning in the precious and base metal exploration industry.
More about Ridgeline Minerals
Ridgeline Minerals is a discovery-focused precious and base metal explorer with a proven management team and a 200 km² exploration portfolio across seven projects in Nevada, USA. The company operates a hybrid model with a mix of 100%-owned exploration assets and earn-in exploration agreements with partners such as Nevada Gold Mines and South32.
YTD Price Performance: 81.00%
Average Trading Volume: 91,555
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $24M
For an in-depth examination of RDG stock, go to TipRanks’ Stock Analysis page.