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Hemlo Explorers ( (TSE:RSG) ) has shared an update.
Rocky Shore Gold Ltd. has successfully closed the first tranche of its non-brokered private placement, raising $697,500. The funds will be allocated to general corporate purposes and the exploration of the Gold Anchor Project, potentially enhancing the company’s exploration capabilities and positioning within the gold industry.
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, a promising and underexplored gold belt. The project is one of the largest properties in an emerging gold district, strategically positioned along significant gold-bearing faults.
Average Trading Volume: 185,432
Technical Sentiment Signal: Hold
Current Market Cap: C$8.58M
For a thorough assessment of RSG stock, go to TipRanks’ Stock Analysis page.