Canagold Resources Ltd. raised $4.1M in a charity flow through financing led by Sun Valley Investments AG for exploration activities at the New Polaris project.
Canagold Resources Ltd. raised $4.1M in a charity flow through financing led by Sun Valley Investments AG for exploration activities at the New Polaris project.
03/28/24, 7:42 PM
Location
vancouverMoney raised
$4.12 million
Industry
mineral
precious metals
mining
Round Type
seed
Investors
Sun Valley Investments Ag
Canagold Resources Ltd. closed a charity flow-through financing with Sun Valley Investments AG, issuing 15,700,000 common shares at a price of $0.2625 per share for total gross proceeds of $4,121,500. The proceeds will be used for exploration activities at the New Polaris project.
Company Info
Location
vancouver, british columbia, canada
Additional Info
Canagold Resources Ltd. is a growth-oriented gold exploration company focused on advancing the New Polaris Project through feasibility and permitting. Canagold is also seeking to grow its assets base through future acquisitions of additional advanced projects. The Company has access to a team of technical experts to help unlock significant value for all Canagold shareholders.