Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
An announcement from Western Gold Exploration Ltd. ( (TSE:WGLD) ) is now available.
Western Gold Exploration Ltd. has announced an increase in its non-brokered private placement of common shares due to strong investor demand. The company plans to raise up to CAD$2.8 million, which will be used for exploration drilling programs and general administrative expenses. This move is expected to enhance the company’s exploration capabilities and strengthen its position in the mineral exploration industry.
More about Western Gold Exploration Ltd.
Western Gold Exploration Ltd. is a mineral exploration company listed on the TSX Venture Exchange under the symbol ‘WGLD’. The company focuses on exploring mineral properties in Scotland, particularly targeting the underexplored Caledonian Appalachian region for gold and critical metal deposits. Its principal focus is the Lorne Project, which includes the Lagalochan copper gold porphyry property in Argyll, Scotland.
Average Trading Volume: 20,082
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$3.41M
For detailed information about WGLD stock, go to TipRanks’ Stock Analysis page.