Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The latest update is out from Target Capital ( (TSE:WGT) ).
Westgate Energy Inc., a company listed on the TSX Venture Exchange, has announced a best-efforts financing agreement with Haywood Securities Inc. to raise up to C$6.0 million through the sale of 40,000,000 units at $0.15 per unit. The proceeds will be used to fund the acquisition of Mannville Stack focused assets in East-Central Alberta and for drilling activities on existing and newly acquired lands. This financing move is expected to enhance Westgate’s operational capabilities and strengthen its position in the energy sector.
More about Target Capital
YTD Price Performance: -29.55%
Average Trading Volume: 69,962
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$6.37M
For an in-depth examination of WGT stock, go to TipRanks’ Stock Analysis page.