Welcome to our dedicated page for Liberty Gold news (Ticker: LGDTF), a resource for investors and traders seeking the latest updates and insights on Liberty Gold stock.
Liberty Gold Corp. (LGDTF) maintains this comprehensive news hub for stakeholders tracking developments in its Great Basin exploration programs. This centralized resource aggregates official corporate announcements, technical reports, and operational updates from the gold exploration specialist.
Investors and industry observers will find timely information on drill results, resource estimates, and strategic partnerships, alongside regulatory filings and leadership updates. All content undergoes strict verification to ensure alignment with mining disclosure standards and investor reporting requirements.
The archive features categorized updates including exploration milestones, assay analyses, land acquisition developments, and financial statements. Each entry maintains the company's characteristic focus on geological detail while presenting key implications for resource development timelines.
Bookmark this page for direct access to Liberty Gold's primary information channel, updated continuously as new data becomes available through approved corporate communications.
Liberty Gold has concluded a non-brokered private placement financing, raising C$12.5 million. The company issued 35,715,362 units at C$0.35 per unit, each containing one common share and half a common share purchase warrant. Each warrant allows the holder to buy one common share at C$0.45 within 24 months.
The funds will be used for exploration drilling at Black Pine, engineering, development, economic studies, permitting programs in the Great Basin, and general working capital. The issued securities are under a hold period until September 18, 2024, and are not registered under the U.S. Securities Act.
Liberty Gold has announced its Q1 2024 financial and operating results. Key highlights include a non-brokered private placement for C$12.5 million and the sale of its TV Tower Project in Türkiye for $11.5 million, with $8.3 million attributable to Liberty Gold. The updated resource estimate for Black Pine indicated 3.2 million oz of oxide gold, with metallurgical tests showing 84.2% average gold extraction. Financially, the company reported a Q1 loss of $3.06 million, which is an improvement from the $4.69 million loss in Q1 2023. Cash and short-term investments stand at $7.01 million, down from $9.08 million at the end of 2023.
Liberty Gold Corp. has increased its non-brokered private placement financing to C$12.5 million, up from C$9.5 million, with no change in terms. The Offering includes the issuance of up to 35,715,362 Units at C$0.35 per Unit, each consisting of a Common Share and a Warrant. The proceeds will fund exploration drilling, engineering, development, and general working capital. The CEO emphasized the value of Liberty Gold and its strategic development goals.
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