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The latest announcement is out from Toogood Gold Corp. ( (TSE:TGC) ).
Toogood Gold Corp. announced the successful closing of its fully subscribed private placement, raising C$2,061,149.17. The funds will be used for working capital and exploration at the Toogood Gold Project. The offering included Charity Flow-Through Units and Non-Flow-Through Units, with warrants exercisable at $0.45 for two years. This financing supports the company’s ongoing exploration efforts, potentially enhancing its market position and stakeholder value.
More about Toogood Gold Corp.
Toogood Gold Corp. holds a 100% interest in the Toogood Gold Project located on New World Island, Newfoundland, a recognized tier-one mining jurisdiction. The project spans 164 km² and is strategically positioned near other significant mining projects within the Exploits Subzone. The company focuses on gold exploration and development, benefiting from excellent infrastructure and accessibility.
Average Trading Volume: 122,694
Technical Sentiment Signal: Buy
For an in-depth examination of TGC stock, go to TipRanks’ Overview page.