Solstice Gold Announces $850,000 Financing for Exploration

Solstice Gold ( (TSE:SGC) ) just unveiled an update.

Solstice Gold Corp. has announced a correction to its previous press release regarding an $850,000 financing initiative through a non-brokered private placement. The offering will consist of premium flow-through units, flow-through common shares, and company units, with the majority of proceeds allocated to gold exploration at the Strathy Gold Project. The financing involves significant participation from the company’s board and senior management, and is subject to regulatory approvals, with the closing expected by March 31, 2025.

More about Solstice Gold

Solstice Gold Corp. operates in the mining industry, focusing on gold exploration. The company is engaged in developing mining projects, with a significant emphasis on its Strathy Gold Project.

YTD Price Performance: 50.0%

Average Trading Volume: 114,011

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $5.03M

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