Troilus Announces $5.8 Million Strategic Investment by Vaneck via a Non-Brokered Private Placement
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Troilus Gold Corp. has secured a CAD$5.8 million investment from VanEck through a non-brokered private placement, selling 16,478,900 common shares at a slight premium to the recent average price.
February 06, 2025 | 7:00 pm
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Troilus Gold Corp. has completed a CAD$5.8 million private placement with VanEck, selling shares at a premium, which could indicate confidence in the company's future prospects.
The investment by VanEck, a significant player in the investment management sector, suggests confidence in Troilus Gold's potential. The premium on the share price further indicates a positive outlook, likely boosting investor sentiment and potentially driving the stock price up in the short term.
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