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An announcement from Sego Resources ( (TSE:SGZ) ) is now available.
Sego Resources Inc. has closed the first tranche of its financing, raising $206,000 through the issuance of 10,300,000 units at $0.02 per unit. The funds are intended for general working capital, although reallocation may occur if necessary. The total financing aims to raise $700,000, with proceeds from flow-through units directed towards exploration projects and non-flow-through units for corporate purposes. The financing will continue with additional tranches, and insiders may participate.
More about Sego Resources
Sego Resources Inc. operates in the mining industry, focusing on the exploration and development of mineral resources. The company’s primary projects include the Miner Mountain Copper-Gold Alkalic Porphyry project and the South Gold Zone near Princeton, British Columbia.
Average Trading Volume: 153,375
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$3.25M
See more data about SGZ stock on TipRanks’ Stock Analysis page.