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An announcement from Triumph Gold ( (TSE:TIG) ) is now available.
Triumph Gold Corp. has announced a private placement of 9,750,000 units at $0.20 per unit, aiming to raise $1,950,000. The funds will be allocated towards general working capital, debt repayment, and further exploration of the Freegold Mountain Project, with the closing expected around March 7, 2025, pending stock exchange approval.
More about Triumph Gold
Triumph Gold Corp. is a Canadian-based company specializing in the exploration and development of precious metals. The company is focused on advancing the Freegold Mountain Project in Yukon, aiming to create value through its district-scale operations.
Average Trading Volume: 13,158
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $6.55M
Learn more about TIG stock on TipRanks’ Stock Analysis page.