Probe Gold Inc T.PRB

Alternate Symbol(s): PROBF

Metals & Mining Gold

Probe Gold Inc. is a Canadian gold exploration company focused on the acquisition, exploration, and development of highly prospective gold properties. The owns 100% of its flagship asset, the multimillion-ounce Novador Gold Project in Quebec, as well as an early-stage Detour Gold Quebec project. The Company holds a large land package of approximately 1685-square-kilometres of exploration ground within some of the prolific gold belts in Quebec. Its Casa Cameron Project includes the Casagosic, Sinclair-Bruneau and Florence properties, which are located north of the towns of La Sarre, Amos and Lebel-sur-Quevillon, northwest region in Quebec. It also holds three properties in the James Bay Lowlands area of northern Ontario, Canada: the Black Creek Property, the Tamarack-McFauld’s Lake Property, and the Victory Property. The Company has a 50/50 joint venture with Pan American Silver on the Meunier-144 property. It also owns 100% interest in the Croinor Property located in Val-d’Or, Quebec.

TSX:PRB - Post by User

Probe Gold Inc > Yesterday’s press release

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Comment by Goodluck395on May 31, 2024 11:27am

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Post# 36066328

RE:RE:RE:RE:RE:RE:RE:RE:Yesterday’s press release

Is this dilution material ?

According to the presentation

shares outstanding fully diluted

185.8m shares

less 3m warrants is set to expire on the 10th June 2024.

plus new financing 8.381m shares

New total shares outstanding is 191.181m

Increase is only 2.9%

When the financing window is open, this decision is

a correct one.

This Dilution is not that material when Probe will be

targeting much higher grades on their recently acquired

properties .

no need to be negative.

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