Black Dragon Gold Bolsters Financial Position with Share Issuance

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Black Dragon Gold Corp. Shs Chess Depository Interests Repr 1 Sh ( (AU:BDG) ) just unveiled an announcement.

Black Dragon Gold Corp. has announced the completion of issuing 1,083,333 shares as Chess Depositary Interests at $0.03 per share, following the conversion of unlisted options. This strategic move reflects Black Dragon’s continuing efforts to strengthen its financial position and aligns with regulatory compliance, potentially impacting its market standing by facilitating further exploration and development activities, particularly with their significant Salave gold project.

More about Black Dragon Gold Corp. Shs Chess Depository Interests Repr 1 Sh

Black Dragon Gold Corp. is an exploration company with a global portfolio of exploration assets, primarily focusing on gold. The company’s flagship project is Salave, one of the largest undeveloped gold projects in Europe, located in the north of Spain. Black Dragon Gold also acquired Marlee Gold Pty Ltd, an Australian mineral explorer, and holds an exploration permit in Western Australia, offering potential for future gold exploration.

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $5.6M

For a thorough assessment of BDG stock, go to TipRanks’ Stock Analysis page.

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