Black Dragon Gold Attracts Spanish Investors with Strategic Placement

Black Dragon Gold Corp. Shs Chess Depository Interests Repr 1 Sh (AU:BDG) has released an update.

Black Dragon Gold Corp. has successfully completed a private placement of 28,481,720 Chess Depositary Interests to high net worth Spanish investors, raising approximately AUD$712,000. The placement aims to align these new investors with the company’s Salave Gold permitting program in Spain, marking a strategic move to advance their flagship gold project. The shares were offered at a notable discount to the recent volume-weighted average prices, indicating an attractive entry point for investors.

For further insights into AU:BDG stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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