Welcome to our dedicated page for Metalite Resources news (Ticker: JNCCD), a resource for investors and traders seeking the latest updates and insights on Metalite Resources stock.
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RooGold Inc. has completed the first tranche of a Non-Brokered Unit Private Placement, raising $2,632,500 by issuing 10,530,000 Units at $0.25 per Unit. Each Unit includes a Common Share and a half Warrant, allowing purchase of an additional share at $0.40 over two years. RooGold has engaged Crescat Capital LLC as a strategic advisor, enhancing its exploration efforts in New South Wales, Australia. Proceeds will support exploration, investor relations, and operational costs. The Units are subject to a trading restriction until February 2, 2022.
RooGold Inc., a Canadian junior mineral exploration issuer, has announced the escrow closing of a definitive Share Exchange Agreement with Aussie Precious Metals Corp., acquiring a 100% interest in the Trilby and Lorne properties in New South Wales, Australia. In exchange, RooGold issued 4 million common shares to APMC shareholders. The shares are currently held in escrow pending ministerial approval. The acquisition positions RooGold for growth in a mineral-rich area, expanding its portfolio to 13 precious metals concessions covering 1,380 km².
