Strikepoint Gold (TSE:SKP) has released an update.
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.
StrikePoint Gold Inc. has successfully completed the first tranche of its non-brokered private placement, raising $1.227 million through the issuance of over 30 million units at $0.04 each. The funds are primarily allocated towards the Cuprite Gold Project’s exploratory drilling and other operational costs. A second tranche is expected to close in mid-March, subject to regulatory approval, while the securities from this tranche will be on a four-month hold period.
For further insights into TSE:SKP stock, check out TipRanks’ Stock Analysis page.