The latest announcement is out from Zodiac Gold Inc ( (TSE:ZAU) ).
Zodiac Gold Inc. has announced an extension for its non-brokered private placement, allowing it to continue until April 14, 2025. The proceeds will fund the Phase III infill drill program at the Arthington target and support exploration across its licenses. The offering terms remain unchanged, with plans to issue up to 14,285,715 units at C$0.07 per unit, raising up to C$1,000,000.05. This extension is expected to enhance Zodiac Gold’s exploration efforts and strengthen its position in the gold exploration industry.
More about Zodiac Gold Inc
Zodiac Gold Inc. is a West-African gold exploration company focused on the Todi Project in Liberia, a mining-friendly jurisdiction with large-scale gold deposits. The company is strategically positioned along the Todi Shear Zone, developing a district-scale opportunity over a 2,316 km2 land package with proven gold occurrences and multiple drill-ready targets.
YTD Price Performance: -20.0%
Average Trading Volume: 109,391
Technical Sentiment Consensus Rating: Strong Buy
For detailed information about ZAU stock, go to TipRanks’ Stock Analysis page.