Lexington Gold Ltd. ( (GB:LEX) ) has issued an update.
Lexington Gold Ltd has successfully raised £530,000 through a combination of new and existing shareholders to support its ongoing exploration activities and joint ventures in South Africa and the USA. The funds will be used to advance technical and economic studies, progress due diligence for potential joint ventures, and continue exploration efforts, highlighting the company’s strategic growth and project advancement. The appointment of Optiva Securities as a joint broker is expected to enhance the company’s capital markets presence and investor engagement.
More about Lexington Gold Ltd.
Lexington Gold Ltd is a gold exploration and development company with interests in multiple gold projects located in North and South Carolina, USA, and South Africa. The company focuses on exploring and developing gold resources, with a portfolio that includes significant mineral resource estimates and exploration targets.
YTD Price Performance: -9.33%
Average Trading Volume: 334,585
Technical Sentiment Signal: Strong Buy
Current Market Cap: £13.6M
Find detailed analytics on LEX stock on TipRanks’ Stock Analysis page.