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GoGold Announces C$75 Million Financing Agreement with BMO Capital Markets

Mar 19, 2025•about 1 year ago

Contract Type

agreement

HalifaxMiningPrecious Metals

Description

GoGold Resources Inc. has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets for a bought deal financing of approximately C$75 million. The net proceeds will be utilized for the development of the Company’s Los Ricos South project and exploration activities at both Los Ricos South and North projects, along with general corporate purposes.

Company Information

Company

GoGold Resources

Location

Halifax, Nova Scotia, Canada

About

GoGold Resources Inc. is a silver and gold producer with operations in Parral and the upcoming development of the Los Ricos district. The company has a strong balance sheet and a focus on increasing production and rising metal prices.

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Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

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