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Rupert Resources ( (TSE:RUP) ) has issued an update.
Rupert Resources announced a $45 million bought deal equity financing and a concurrent private placement to raise additional funds. The proceeds will be used for exploration, technical, and environmental studies in Finland, as well as general corporate purposes, potentially enhancing the company’s operational capabilities and market position.
More about Rupert Resources
Rupert Resources is a gold exploration and development company listed on the Toronto Stock Exchange under the symbol ‘RUP’. The company focuses on high-margin, low environmental impact gold discoveries, with its principal focus being the Ikkari project in Northern Finland.
YTD Price Performance: 5.76%
Average Trading Volume: 62,701
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: C$955.7M
Find detailed analytics on RUP stock on TipRanks’ Stock Analysis page.