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The latest update is out from 79 Resources Ltd ( (TSE:SK) ).
Rottenstone Gold Inc. has successfully closed a non-brokered common share unit financing, resulting in the issuance of 1,000,000 units at $0.055 each. This financing, involving participation from an insider, raises near-term working capital for the company without incurring any finder’s fees. With the completion of this financing, Rottenstone Gold now has 27,236,400 common shares issued and outstanding, strengthening its financial position for future growth.
More about 79 Resources Ltd
Rottenstone Gold Inc. operates in the mining industry, focusing on the exploration and development of gold resources. The company is primarily engaged in the acquisition and development of mineral properties aimed at expanding its gold production capabilities.
YTD Price Performance: -4.76%
Average Trading Volume: 9,988
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$2.62M
See more data about SK stock on TipRanks’ Stock Analysis page.
