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Troilus Gold Corp ( (TSE:TLG) ) has shared an announcement.
Troilus Gold Corp has secured a CAD$5.8 million strategic investment from VanEck Associates Corporation through a non-brokered private placement. This investment reflects strong confidence in the Troilus Project and its potential, enhancing Troilus’s position as it moves towards construction and production phases. VanEck’s involvement, a reputable name in the gold investment sector, underscores the project’s value and long-term scalability, which is likely to positively impact Troilus’s growth and market presence.
More about Troilus Gold Corp
Troilus Gold Corp is a company in the precious metals and junior mining sectors, focused on the development and production of gold. The company is working on advancing the Troilus Project, which is positioned to become a significant Canadian mining operation.
YTD Price Performance: 33.33%
Average Trading Volume: 360,863
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$146.5M
Learn more about TLG stock on TipRanks’ Stock Analysis page.
