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Bullboard - Stock Discussion Forum Monarch Mining Corp GBARF

Monarch Mining Corporation is a Canada-based is a gold mining company. The Company owns three projects, such as the Beaufor, McKenzie Break, and Swanson projects. It holds a 100% interest in the Beaufor Mine, which is on care and maintenance. The property consists of two mining leases, a mining concession and approximately 23 mining claims covering an area of 5.9 square kilometers (km2). The... see more

GREY:GBARF - Post Discussion

Monarch Mining Corp > 11.25 Million Transaction
View:
Post by Betteryear2 on Jul 23, 2021 7:44am

11.25 Million Transaction

https://www.globenewswire.com/news-release/2021/07/23/2267961/0/en/Monarch-Mining-Corporation-Announces-a-11-25-Million-Transaction-With-Gold-Royalty-Corp.html

Comment by locomoco on Jul 23, 2021 7:52am
Excellent move to not dilute shareholders. Looking forward to restart of Beaufor mine and getting to cash flow. Will be great news then, just need to be patient.
Comment by kukaman on Jul 23, 2021 1:07pm
Indeed, excellent move. Monarch is an obvious multibagger imo in the not too distant future....
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