Billionaire F. Giustra Still Increasing Investment in BWCG Frank Giustra, a prominent Canadian entrepreneur and billionaire, had a diverse career spanning finance and entertainment. He achieved success in mining finance, co-founding Lions Gate Entertainment, and later entered the mining industry, leading Wheaton River Minerals to a merger with Goldcorp. The resulting company became the world's second-most valuable gold producer (Market Capitalization >$28 billion).
Frank Giustra has heavily invested in the precious metal exploration company Blackwolf Copper and Gold Ltd (traded as BWCG.v or BWCGF) and is estimated to control over 17.5%.
Source: https://www.juniorminingnetwork.com/junior-miner-news/press-releases/980-tsx-venture/bwcg/137535-blackwolf-announces-brokered-private-placement-for-up-to-c-7-5-million-with-lead-order-from-frank-giustra.html
BWCG holds control over several projects in the Golden Triangle of British Columbia and Alaska, including six projects collectively known as the Hyder properties.
Their Cantoo Gold Project, located near the Premier Mine, shows signs of a promising porphyry gold system.
BWCG also recently acquired the Harry Gold project, which exhibited significant surface sulphide mineralization, and drilling revealed positive mineralization results, including the discovery of visible gold.
BWCG recently closed the orderbook on an oversubscribed private placement, and is expected to raise up to $3.12 million for exploration and working capital as a result.
Source: https://blackwolfcopperandgold.com/news/latest-news/blackwolf-closes-orderbook-on-oversubscribed-private-placement/
Additionally, as recently as last week Frank Giustra was still increasing his investment in BWCG.
More on Frank Giustra here: https://x.com/GoldDiscovery1/status/1712097282705768895?s=20
BWCG Website: https://blackwolfcopperandgold.com/
Posted on behalf of Blackwolf Copper and Gold Ltd.