GSHR Closes $3.75M PP After announcing earlier this month that GSHR.v GSHRF engaged with a strategic private capital group participating in a new non-brokered PP, they announced Monday that they closed the PP for aggregate gross proceeds of $3.75M.
The proceeds will be used to continue to advance Moss Lake through the development of a new resource model and a new mineral resource estimation; in addition to continuing the engineering and metallurgical studies being done.
With their location in the Shebandowan Gold Belt, their MC to MRE ratio ($24M to 6M oz MRE), and the acquisition of a strategic partner, I'll be watching GSHR as they advance Moss Lake.
https://goldshoreresources.com/goldshore-closes-non-brokered-private-placement-of-3-75-million/