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Stock Master Flash @StckMasterFlash on x 2903 followers
Created: 2024-11-07 23:05:02 UTC
📰Prior to Merger, @NexGoldMining & @SignalGold_SGNL Raised $18.5M in Concurrent Financing ⭐️ $NEXG.v $NXGCF
Yesterday, $NEXG & $SGNL announced the closure of their upsized concurrent financing for $18.5M with participation from key investor Sprott Asset Management.
➡️Financing supports proposed merger where $NEXG will acquire $SGNL
➡️Funds to support the exploration & advancement of $NEXG's Goliath Project & $SGNL's Goldboro Project
➡️Sprott acquired XXX million FT Units, increasing its stake in $NEXG to XXXXX% non-diluted & XXXXX% partially diluted.
⭐️Creating One of Canada's Most Advanced Near-Term Gold Developers⭐️ Notably, the merger is set to create one of Canada's most advanced near-term gold developers, with a combined total of XXX million gold ounces in Measured and Indicated Mineral Resources & XXX million gold ounces in Inferred Mineral Resources.
➡️Targeting over XXXXXXX ounces of gold production per year
➡️Significant growth potential at both projects across a combined XXXXXX hectares of land
XXX engagements
Related Topics $nexgs asset management investment $sgnl $nexg $nxgcf $nexgv $185m