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The latest update is out from Sitka Gold Corp. ( (TSE:SIG) ).
Sitka Gold Corp. announced a $10 million bought deal financing agreement with Beacon Securities Limited, aimed at advancing its RC Gold Project in the Yukon Territory, Canada. The financing, which involves the sale of flow-through shares, will support the company’s exploration efforts and enhance its financial stability, positioning Sitka to further capitalize on its promising gold discovery.
More about Sitka Gold Corp.
Sitka Gold Corp. is a Canadian mineral exploration company with a strong financial position, holding over $14 million in its treasury and no debt. The company is led by experienced industry professionals and focuses on exploring economically viable mineral deposits, with a primary emphasis on gold, silver, and copper.
YTD Price Performance: 45.93%
Average Trading Volume: 162,944
Technical Sentiment Signal: Sell
Current Market Cap: $130.4M
See more data about SIG stock on TipRanks’ Stock Analysis page.