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Bullboard - Stock Discussion Forum Loncor Gold Inc T.LN

Alternate Symbol(s):  LONCF

Metals & Mining Gold
Loncor Gold Inc. is a Canadian gold exploration company. The Company is focused on projects within an approximately 480 square kilometers (km2) area on the Ngayu Greenstone Belt in the Northeast of The Democratic Republic of the Congo (the DRC). The area is located over 220 kilometers southwest of the Kibali gold mine, which is operated by Barrick Gold (Congo) SARL. It owns or controls a... see more

TSX:LN - Post Discussion

Loncor Gold Inc > LN announced a $1.6 million private placement
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Post by JasleenDhaka on Apr 04, 2023 7:24pm

LN announced a $1.6 million private placement

Hey everyone,
 
I wanted to share some exciting news regarding Loncor Gold Inc. (TSX: LN). The company recently announced a $1.6 million private placement, which is a positive development for our investment. These funds will be used to support working capital and explore potential financing and strategic partnerships.
 
Additionally, it's worth noting that Loncor Gold's projects are located just 220 km away from Barrick's (TSX: ABX) Kibali mine, which is one of the largest gold mines in Africa. 
 
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Loncor Gold Inc