Thesis Gold Upsizes Previously-Announced Private Placement To $10 Million
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 02 2024
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Should l Buy ?
Source: Newsfilter
Equity Private Placement Announcement: Thesis Gold Inc. has increased its equity private placement from $7 million to approximately $10 million due to strong investor demand, offering up to 16,666,667 common shares at $0.60 each, subject to regulatory approvals.
Project Development Plans: The company plans to use the proceeds from the offering to advance its mineral projects and general working capital, focusing on the Lawyers-Ranch Project in British Columbia, which has shown promising economic potential through a recent Preliminary Economic Assessment.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
