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Satori Resources ( (TSE:CGC) ) has shared an announcement.
Robert McEwen, Canadian Gold Corp.’s largest shareholder, has increased his stake in the company to 32.9% by exercising 3,571,450 share purchase warrants, raising $767,861.75. This move boosts Canadian Gold’s financial position, with its treasury now totaling approximately $3.9 million, potentially enhancing its capacity for further exploration and development activities.
More about Satori Resources
Canadian Gold Corp. is a mineral exploration and development company focused on expanding the high-grade gold resource at the Tartan Mine in Flin Flon, Manitoba. The company also holds exploration properties in Ontario and Quebec near major gold mines and projects.
Average Trading Volume: 101,360
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$51.3M
See more data about CGC stock on TipRanks’ Stock Analysis page.
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