tiprankstipranks
West Red Lake Gold Mines Secures Funding for Restart
Company Announcements

West Red Lake Gold Mines Secures Funding for Restart

Story Highlights

West Red Lake Gold Mines (TSE:WRLG) has released an update.

Don't Miss our Black Friday Offers:

West Red Lake Gold Mines has secured over C$68 million in funding to restart its Madsen Gold Mine, with production expected to recommence in 2025. The financing includes a US$35 million loan and a C$20 million equity offering, positioning the company to complete necessary studies and projects for the mine’s restart.

For further insights into TSE:WRLG stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskWest Red Lake Gold Nears Madsen Mine Restart
TheFlyWest Red Lake price target raised to C$1.75 from C$1.65 at Raymond James
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App