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Viva Gold Expands Private Placement to Boost Tonopah Project

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Viva Gold Expands Private Placement to Boost Tonopah Project

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Viva Gold ( (TSE:VAU) ) just unveiled an announcement.

Viva Gold Corp. has increased its non-brokered private placement offering due to strong investor demand, raising the potential gross proceeds to C$4,000,000. The funds will be used to advance technical and environmental studies for the Tonopah Gold Project, which is expected to enhance shareholder value through feasibility work and permitting.

More about Viva Gold

Viva Gold Corp. is a mining company focused on the development of the Tonopah Gold Project in Nevada, which is situated in a prolific gold mining region. The company is committed to environmentally and socially responsible mining practices and is led by experienced mining professionals, including CEO James Hesketh. Viva Gold trades on the TSX Venture Exchange, OTCQB, and Frankfurt Exchange.

Average Trading Volume: 189,336

Technical Sentiment Signal: Buy

Current Market Cap: C$26.92M

For a thorough assessment of VAU stock, go to TipRanks’ Stock Analysis page.

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