Triumph Gold

Triumph Gold completed a non‑brokered private placement of C$5,410,000, issuing 10,820,000 units at C$0.50 each; each unit consists of one common share and one warrant exercisable to buy additional shares at C$0.55 within three years. Cash finders’ fees of C$275,450 and 550,900 non‑transferable broker warrants were issued. A director subscribed for 500,000 units. The securities are subject to a four‑month hold period and the placement is subject to final approval by the TSX Venture Exchange; proceeds will be used for general working capital. » Más en de.investing.com

Triumph Gold announces an unguided private placement to raise up to C$5.41 million. Up to 10,820,000 units will be offered at C$0.50 per unit, each consisting of one common share and one warrant exercisable within three years at C$0.55. Net proceeds are to be used for general working capital and the transaction is subject to TSX Venture Exchange approval. The securities are not registered in the United States; an InvestingPro analysis rates the stock as undervalued with a fair value of C$0.71. » Más en de.investing.com