Sixty North Gold Announces Closing of Second and Final Tranche of Non-Brokered Unit Offering
Portfolio Pulse from
Sixty North Gold Mining Ltd. has successfully closed the second and final tranche of a non-brokered unit offering, raising $143,343.75. The offering consists of 1,737,500 units priced at $0.0825 each, with each unit comprising one common share and one non-transferable share purchase warrant. The proceeds will be used for exploring and developing the Mon Gold Property in Northwest Territories and for general working capital.
April 02, 2025 | 10:15 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
The company has raised additional capital to fund exploration of its Mon Gold Property, which has historical gold production and promising geophysical targets.
The successful funding provides capital for further exploration of a property with historical gold production, which could potentially increase the company's asset value and future revenue prospects.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100