TSX:GGDMetals and Mining
Will a C$125 Million Discounted Equity Raise Change GoGold Resources' (TSX:GGD) Narrative?
GoGold Resources Inc. recently completed a composite units offering, raising C$125.0005 million through the sale of 47,170,000 equity/derivative units at C$2.65 each, reflecting a C$0.13 discount per unit.
This sizeable capital raise materially expands GoGold’s funding capacity, which could influence how investors assess its project pipeline and capital structure.
With the recent funding injection from the composite units offering, we’ll examine how this shapes GoGold Resources’ investment...