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Hemlo Explorers ( (TSE:RSG) ) has shared an update.
Rocky Shore Gold Ltd. has successfully closed the second tranche of its non-brokered private placement, raising $1,299,000. The funds will be used for general corporate purposes and to advance the Gold Anchor Project. This move strengthens the company’s financial position and supports its exploration efforts in a promising gold district, potentially enhancing its industry standing and offering new opportunities for stakeholders.
More about Hemlo Explorers
Rocky Shore Gold Ltd. is a Canadian exploration company focused on discovering major gold deposits at its Gold Anchor Project in central Newfoundland. The project, which spans over 1,200 square kilometers, is situated in a promising and underexplored gold belt, strategically located near significant gold discoveries and deposits.
Average Trading Volume: 156,319
Technical Sentiment Signal: Buy
Current Market Cap: C$10.02M
Find detailed analytics on RSG stock on TipRanks’ Stock Analysis page.