Westward Gold Inc ( (TSE:WG) ) has shared an update.
Westward Gold Inc. has announced an increase in its non-brokered private placement financing to C$3.6 million due to high demand. The strategic investor Crescat Capital LLC is subscribing for a significant portion of the offering, which will fund drilling at the Toiyabe Hills Property in Nevada and general working capital. This move is expected to bolster Westward Gold’s exploration efforts and strengthen its positioning in the mineral exploration industry.
More about Westward Gold Inc
Westward Gold is a mineral exploration company focused on developing the consolidated Toiyabe Hills Project located in the Cortez Hills area of Lander County, Nevada, and the Coyote and Rossi Projects located along the Carlin Trend in Elko County, Nevada. The company may also evaluate the acquisition of other mineral exploration assets and opportunities.
YTD Price Performance: 25.00%
Average Trading Volume: 134,701
Technical Sentiment Signal: Sell
Current Market Cap: C$13.17M
For a thorough assessment of WG stock, go to TipRanks’ Stock Analysis page.