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Toogood Gold Corp. ( (TSE:TGC) ) has issued an update.
Toogood Gold Corp. has announced an update to its private placement, adding a charity flow-through component to raise up to C$2,000,000. The funds will be used for working capital and exploration at the Toogood Gold Project. The offering includes both charity flow-through units and non-flow-through units, with warrants attached, and is expected to close on October 22, 2025. This strategic move is expected to bolster the company’s financial position and support its ongoing exploration efforts, potentially enhancing its standing in the mining industry.
More about Toogood Gold Corp.
Toogood Gold Corp. is a mining company that holds a 100% interest in the Toogood Gold Project located on New World Island, Newfoundland. The project is situated in a prolific mining corridor and has shown promising results in its drilling programs, with high-grade gold discoveries. The project benefits from excellent infrastructure, including highway access and proximity to tidewater, facilitating efficient exploration and development.
Average Trading Volume: 130,475
Technical Sentiment Signal: Buy
Learn more about TGC stock on TipRanks’ Stock Analysis page.