True North Gems (TSE:TGX) has released an update.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
True North Gems Inc. has announced a share consolidation and a name change to True North Resources Inc., alongside a financing placement aiming to raise between $1,000,000 and $1,500,000 through the sale of units at $0.06. The funds raised will be directed towards debt retirement, potential resource acquisitions, exploration expenditures, and general working capital.
For further insights into TSE:TGX stock, check out TipRanks’ Stock Analysis page.