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Bullboard - Stock Discussion Forum Goldsource Mines Inc V.GXS

Alternate Symbol(s):  GXSFF

Goldsource Mines Inc. is a Canada-based resource company, which is engaged in exploration activities. The Company is focused on the Eagle Mountain Gold Project (Eagle Mountain) for which it has a 100% interest in the Eagle Mountain Prospecting License (EMPL) and the Kilroy Mining Permit (collectively, the Property). The Property is located approximately seven kilometers (km) south of Mahdia... see more

TSXV:GXS - Post Discussion

Goldsource Mines Inc > Goldsource Mines To Conduct $8.0 Million Bought Deal, Consol
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Post by AwareInvestor on Apr 30, 2021 7:32am

Goldsource Mines To Conduct $8.0 Million Bought Deal, Consol

Goldsource Mines last night announced that it will be conducting an $8.0 million bought deal financing through that of Cormark Securities and Sprott Capital Partners. The company concurrently announced that it also intends to conduct a share consolidation following the close of the financing.
Comment by NickCarpathia on Apr 30, 2021 7:39am
Wow, what a shock, a roll back, LOL. GLTA.
Comment by mmoital on Apr 30, 2021 11:38am
Given the inability of the price to move up even in light of excellent news, it was coming. Hopefully this will be the last consolidation and the price can gain momentum once it is confirmed.
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