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The latest update is out from Stellar AfricaGold ( (TSE:SPX) ).
Stellar AfricaGold Inc. has successfully closed a non-brokered private placement, issuing an additional 1,400,000 common shares, bringing the total to 11,700,000 shares at $0.10 each, raising $1,170,000. The funds will be allocated to exploration activities at the Tichka Est Gold Project in Morocco, the Zuenoula Gold Project in Côte d’Ivoire, and general corporate purposes, with participation from three company directors.
More about Stellar AfricaGold
Stellar AfricaGold Inc. is a Canadian precious metal exploration company listed on the TSX Venture Exchange, Tradegate Exchange, and Frankfurt Stock Exchange. The company is headquartered in Vancouver, BC, with a representative office in Casablanca, Morocco. Its principal exploration projects include the Tichka Est Gold Project in Morocco and the Zuenoula Gold Project in Côte d’Ivoire.
YTD Price Performance: 53.85%
Average Trading Volume: 105,185
Technical Sentiment Signal: Buy
Current Market Cap: C$2.81M
For an in-depth examination of SPX stock, go to TipRanks’ Stock Analysis page.