Visible Gold Mines (TSE:VGD) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Visible Gold Mines has successfully closed a private placement, raising $150,000 through the issuance of 2 million units at $0.075 each. The proceeds will support general administrative activities and exploration of their mining properties in Québec. CEO Martin Dallaire’s participation in this transaction increases his stake to 14.14% of the company’s common shares.
For further insights into TSE:VGD stock, check out TipRanks’ Stock Analysis page.