GFG Closes Sale of its Rattlesnake Hills Gold Project with Patriot Gold
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GFG Resources Inc. has completed the sale of its Rattlesnake Hills Gold Project to Patriot Gold Vault Ltd., a subsidiary of Axcap Ventures Inc., for approximately C$3.3 million.
December 16, 2024 | 11:15 pm
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GFG Resources Inc. has sold its Rattlesnake Hills Gold Project to Patriot Gold Vault Ltd. for C$3.3 million, potentially impacting its financial position and future project focus.
The sale of the Rattlesnake Hills Gold Project provides GFG Resources with a cash inflow of C$3.3 million, which could strengthen its financial position and allow it to focus on other projects. This transaction is likely to be viewed positively by investors, potentially leading to a short-term increase in stock price.
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