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Resouro Gold Inc. ( (TSE:RSM) ) has provided an update.
Resouro Strategic Metals Inc. announced progress on its non-brokered private placement, with subscription agreements received and plans to close the raise soon, pending regulatory approvals. The funds will advance the engineering program for the Tiros project and support general working capital, with no related parties participating or broker fees involved. This development is crucial for the company’s strategic focus on enhancing its mineral projects in Brazil.
More about Resouro Gold Inc.
Resouro Strategic Metals Inc. is a Canadian mineral exploration and development company listed on multiple exchanges, including the ASX, TSX-V, OTC, and FSE. The company focuses on discovering and advancing economic mineral projects in Brazil, such as the Tiros Titanium-Rare Earths Project and the Novo Mundo Gold Project. The Tiros project, located in Minas Gerais, Brazil, boasts significant mineral resources, including titanium dioxide and rare earth oxides.
Average Trading Volume: 63,661
Technical Sentiment Signal: Sell
Current Market Cap: C$18.32M
See more data about RSM stock on TipRanks’ Stock Analysis page.