trending Market Intelligence /marketintelligence/en/news-insights/trending/CFyIvEwZ7_RWWsXTzvVHww2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Garibaldi raising up to C$10M for Canadian, Mexican projects

Greenhouse gas and gold mines Nearly 1 ton of CO2 emitted per ounce of gold produced in 2019

Essential Metals & Mining Insights - September 2020

Essential Metals & Mining Insights - August 2020

State of the Market: Mining Q2-2020


Garibaldi raising up to C$10M for Canadian, Mexican projects

Garibaldi Resources Corp. said Oct. 16 that it expects shortly to close an up to C$10 million private placement to strategic investors.

It will issue 3,174,604 units priced at C$3.15 apiece, with each unit comprising one common share and one full share purchase warrant. The warrants can be exchanged for a share at C$4.50 for two years.

The funds will be used to advance Garibaldi's E&L Nickel Mountain project in British Columbia, other properties in the Canadian province and its gold and silver properties in Mexico.

The company had flagged a C$6 million fundraising in September.