Japan Gold (JG) has announced completion of a C$6.13m private placement with the issue of 30.6m shares at a price of C$0.20/share. The funds will be used for both general corporate purposes and funding exploration of its portfolio of projects across Japan with exploration also planned for 2023 outside of the strategic alliance that the company has with Barrick Gold. Based on our valuation of C$1.22 there is 453% upside to the shares with the main near term catalysts being results from the ongoin ....
01 Jun 2023
Japan Gold: Private placement secures funds for 2023 work plan
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Japan Gold: Private placement secures funds for 2023 work plan
Japan Gold Corp (JG:TSX) | 0 0 0.0%
- Published:
01 Jun 2023 -
Author:
Roger Bell | Jonathan Guy -
Pages:
3
Japan Gold (JG) has announced completion of a C$6.13m private placement with the issue of 30.6m shares at a price of C$0.20/share. The funds will be used for both general corporate purposes and funding exploration of its portfolio of projects across Japan with exploration also planned for 2023 outside of the strategic alliance that the company has with Barrick Gold. Based on our valuation of C$1.22 there is 453% upside to the shares with the main near term catalysts being results from the ongoin ....