The latest update is out from Ridgeline Minerals ( (TSE:RDG) ).
Ridgeline Minerals Corp. has successfully closed a non-brokered private placement, raising CAD 500,020 through the issuance of 2,174,000 common shares. The funds will be directed towards exploration activities at the company’s Nevada projects and general working capital, potentially enhancing its operational capabilities and market position in the mining exploration sector.
More about Ridgeline Minerals
Ridgeline Minerals is a discovery-focused precious and base metal explorer with a strong management team and a 200 km² exploration portfolio across seven projects in Nevada, USA. The company operates a hybrid exploration model with a mix of 100%-owned assets and earn-in agreements with major partners like Nevada Gold Mines and South32.
YTD Price Performance: 59.00%
Average Trading Volume: 96,243
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $23.94M
For detailed information about RDG stock, go to TipRanks’ Stock Analysis page.