TSX:GGDMetals and Mining
Will GoGold Resources’ (TSX:GGD) C$125 Million Equity Raise Redefine Its Long-Term Capital Strategy?
GoGold Resources Inc. recently completed a composite units offering, raising C$125,000,500 through the issuance of 47,170,000 new equity/derivative units at C$2.65 per unit, with a C$0.13 discount per security.
This significant capital raise provides the company with additional resources for ongoing projects, while also introducing potential changes for existing shareholders due to increased equity.
With increased financial flexibility from the substantial capital raise, we’ll explore how...