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.

Mar 28, 2024•over 1 year ago

Amount Raised

$4.12 Million

Round Type

seed

VancouverMineralPrecious MetalsMining

Investors

Sun Valley Investments Ag

Description

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 Information

Company

Canagold Resources

Location

Vancouver, British Columbia, Canada

About

Canagold Resources Inc. is a natural resource company primarily engaged in the development of mineral properties. The company focuses on gold exploration and production in North America. It aims to build shareholder value through resource acquisition and development. Their projects are designed to leverage the growing demand for gold.

Related People

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