TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Thunder Mountain Gold ( (TSE:THM) ) just unveiled an update.
Thunder Mountain Gold Inc. has clarified details of its private placement financing, correcting an earlier announcement to state that it is offering up to 10,000,000 units at US$0.25 per unit, aiming to raise US$2,500,000. The funds will support exploration and general working capital, with regulatory approval from the TSX Venture Exchange pending. The placement targets accredited investors, with securities subject to a four-month hold period under Canadian legislation.
More about Thunder Mountain Gold
Thunder Mountain Gold Inc., established in 1935, is a junior exploration company focusing on base and precious metals projects in the western United States. Its principal asset is the South Mountain Mine in Idaho, a historic site rich in zinc, silver, gold, lead, and copper. The company also fully owns the Trout Creek Project, a gold exploration initiative in Nevada.
Average Trading Volume: 57,857
Technical Sentiment Signal: Buy
Current Market Cap: C$43.27M
For a thorough assessment of THM stock, go to TipRanks’ Stock Analysis page.