Small-Cap Miner Jumps Double Digits on Major Strategic Financing
Backing your words with monetary action is the strongest vote of confidence in the corporate world. Today, a small-cap miner received exactly that, as a mining major announced a strategic financing, sending the small-cap stock surging on the news.Thesis Gold Inc. (TSX-Venture: TAU) (OTCQX: THSGF) announced earlier this morning a strategic C$44 million financing anchored by AngloGold Ashanti Plc (NYSE: AU), with participation from Centerra Gold Inc. (TSX: CG) (NYSE: CGAU). Under a subscription agreement, AngloGold Ashanti will acquire approximately 5% of Thesis through a private placement ...
AllPennyStocks.com·1d ago