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Galore Resources has announced a non-brokered private placement aiming to raise up to CDN $800,000 through the sale of 22,857,142 common shares at $0.035 each. Proceeds will support exploration and drilling at the San Jose claim, adjacent to the El Alamo claim, and further activities at the Dos Santos project. The company also confirmed a debt settlement by issuing 2,200,000 shares to eliminate CAD $55,000 in debt. The financing is set to close by October 15, 2021, pending regulatory approvals.
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FAQ
What is the current stock price of GALORE RES (GALOF)?
GALORE RES (GALOF) last closed at $0.0141.
What is the market cap of GALORE RES (GALOF)?
The market cap of GALORE RES (GALOF) is approximately $2.9M.