White Metal Resources (TSE:TGOL) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Thunder Gold Corp, previously known as White Metal Resources Corp, is launching a non-brokered private placement to raise $1 million by selling units at $0.03 each, which includes a common share and a purchase warrant. The raised funds are intended for general working capital and to further develop the company’s gold property in Ontario. The financing, which is awaiting TSXV approval, is expected to close by August 30, 2024, and will not be used for payments to non-arm’s length parties.
For further insights into TSE:TGOL stock, check out TipRanks’ Stock Analysis page.