RE: Private placement13 Mar 2025 06:09
It’s great to see them raise on TSX, almost all of it institutional, far from sneaky it actually protects shareholders much better than raising on Lon and it’ll add more liquidity over there.
From X:
‘Another small capital raising to continue work at Anza, and El Pantano. This time in Canada. Designed specifically to provide much needed liquidity on the TSX.V but also to meet demand from a small group of institutions who liked the story. This will be almost all institutional, which is a natural part of our upward progression out of the pack.’
The market cap will increase as Pepas 2, El Cedro & El Pantano is opened up. Super confident here now. Insitutions climbing aboard, they know what’s coming and they’ll have had an depth chat with the board at PDAC, after all we know they’ve been mentioning extraction permits already for Pepas 1… That is massive. The fact they are talking Pepas as a High-Sulfidation Epithermal, again that’s massive.
‘a natural part of our upward progression out of the pack.’
We’ve seen one of the most successful Metal funds on the planet take 7.4% (who hold only two micro caps on there books Orosur & Sami gold) & now institutions coming on board after less than 4 months of exploration…. The Newsflow won’t half be flying out once the other prospects come into play.
Gold moving up again, hopefully it’ll have another crack at hitting $3000.