Update: Roxgold Announces C$30 Million Equity Financing
- Roxgold has announced a C$30 million bought-deal financing to advance the Yaramoko project.
- This is positive news as it means the company now has all of the required funds to get Yaramoko to production.
- The Yaramoko project carries a net present value that is higher than Roxgold's current market cap, which makes the stock relatively undervalued.
- I will consider buying shares in the coming months.