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Signature Resources ( (TSE:SGU) ) just unveiled an update.
Signature Resources Ltd. has successfully closed an upsized equity financing, raising C$1,471,400 through the issuance of flow-through and non-flow-through shares. The funds will be allocated towards completing the maiden NI 43-101 resource report, finalizing expenses for the 2024 drilling program, and other operational needs. This financing is expected to advance the company’s Lingman Lake project, enhancing investor understanding of its potential and supporting further exploration and development activities.
More about Signature Resources
Signature Resources Ltd. operates in the mining industry, focusing on gold exploration and development. The company is primarily involved with the Lingman Lake gold property, which includes a historical gold mine and extensive drilling operations.
YTD Price Performance: 100.0%
Average Trading Volume: 76,782
Technical Sentiment Signal: Sell
Current Market Cap: C$8.93M
See more data about SGU stock on TipRanks’ Stock Analysis page.