StrikePoint Gold Launches Private Placement and Share Consolidation

Strikepoint Gold (TSE:SKP) has released an update.

StrikePoint Gold Inc. is set to enhance its financial position by initiating a non-brokered private placement aiming to raise up to CAD $3 million, which will follow a 10-for-1 share consolidation. The raised funds are designated for exploration activities at the company’s Nevada-based gold projects and for general working capital. The private placement involves offering units that combine a common share and a purchase warrant, with specific exercise terms and finder’s fees applicable.

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