Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
An update from ArcPacific Resources Corp ( (TSE:FAN) ) is now available.
Stellar AfricaGold Inc. has announced the first closing of its non-brokered private placement offering, raising $1,030,000 through the issuance of 10,300,000 common shares at $0.10 per share. The funds will be used to finance exploration efforts at the Tichka Est Gold Project in Morocco, early-stage exploration at the Zuenoula Gold Project in Côte d’Ivoire, and for general corporate purposes and working capital. This financial move is expected to bolster the company’s exploration activities and strengthen its position in the precious metals industry, potentially impacting stakeholders by advancing the development of its key projects.
More about ArcPacific Resources Corp
Stellar AfricaGold Inc. is a Canadian precious metal exploration company listed on the TSX Venture Exchange, the Tradegate Exchange, and the 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: 58.14%
Average Trading Volume: 365,265
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$29.41M
Find detailed analytics on FAN stock on TipRanks’ Stock Analysis page.