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Sego Resources ( (TSE:SGZ) ) just unveiled an update.
Sego Resources Inc. has completed a financing round totaling $625,800, receiving conditional approval from the TSX Venture Exchange. The funds will be used for exploration at the Miner Mountain Project and general working capital, with a portion eligible for a BC Mining Exploration Tax Credit. The financing includes both Flow-Through and Non-Flow-Through Units, with insiders participating significantly, making it a related-party transaction.
More about Sego Resources
Sego Resources Inc. operates in the mining industry, focusing on exploration activities. The company is involved in projects such as the Miner Mountain Project, and its market focus includes leveraging Canadian exploration expenses and flow-through mining expenditures for tax benefits.
Average Trading Volume: 162,648
Technical Sentiment Signal: Sell
Current Market Cap: C$4.32M
For an in-depth examination of SGZ stock, go to TipRanks’ Overview page.