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An announcement from Rupert Resources ( (TSE:RUP) ) is now available.
Rupert Resources has successfully closed a $51.75 million bought deal equity financing, issuing 11.5 million common shares at $4.50 each. The proceeds from this offering, along with an upcoming private placement, will be used for exploration and development activities in Finland, pending final approval from the Toronto Stock Exchange.
More about Rupert Resources
Rupert Resources is a gold exploration and development company listed on the Toronto Stock Exchange. The company focuses on discovering and advancing high-quality gold deposits with significant scale and low environmental impact, primarily centered around the Ikkari project in Northern Finland.
YTD Price Performance: -2.07%
Average Trading Volume: 68,376
Technical Sentiment Signal: Sell
Current Market Cap: C$918.9M
See more insights into RUP stock on TipRanks’ Stock Analysis page.