Desert Gold Ventures Secures Financing for Mali Drilling

Desert Gold Ventures (TSE:DAU) has released an update.

Desert Gold Ventures Inc. has successfully completed a non-brokered private placement, raising CAD $941,920 by issuing over 13 million units priced at CAD $0.07 each. This financing brings the company’s total raised funds to CAD $2,061,440, which will finance further drilling activities at their gold deposits and exploration targets in Western Mali. The drilling aims to extend known gold zones and support ongoing Preliminary Economic Assessments of the sites.

For further insights into TSE:DAU stock, check out TipRanks’ Stock Analysis page.

TipRanks
TipRanks is the most comprehensive data set of sell side analysts and hedge fund managers. TipRanks' multi-award winning platform ranks financial experts based on measured performance and the accuracy of their predictions so investors know who to trust when making investment decisions.
More articles by this source

Tags

Latest Articles

Data is currently not available