Sixty North Gold Mining ( (TSE:SXTY) ) just unveiled an announcement.
Sixty North Gold Mining Ltd. announced the successful closing of the second and final tranche of its non-brokered unit offering, raising a total of $242,094.75. The funds will be used for exploration and development of the Mon Gold Property and general working capital. This financial move supports the company’s strategic focus on expanding its mining operations and exploring new targets, potentially enhancing its position in the gold mining industry.
More about Sixty North Gold Mining
Sixty North Gold Mining Ltd. is engaged in developing gold mining operations on its wholly-owned Mon Gold Property, located 40 km north of Yellowknife, NWT. The company focuses on gold extraction, with past production from the A Zone yielding high-grade gold. The property also features potential precious-metals-rich VMS deposits and geophysical targets for exploration.
YTD Price Performance: 46.67%
Average Trading Volume: 10,165
Technical Sentiment Signal: Buy
Current Market Cap: $5.22M
See more data about SXTY stock on TipRanks’ Stock Analysis page.