K2 Gold Corporation has expanded its non-brokered private placement offering to raise up to CDN$25.25 million. The company aims to use the additional funds to support its ongoing exploration and development activities.
This increase reflects strong investor interest and provides K2 Gold with greater financial flexibility as it advances its projects.
**Why this matters**
Raising additional capital allows K2 Gold to accelerate exploration efforts and potentially enhance the value of its mineral assets. The successful upsizing of the placement signals positive market confidence in the company’s growth prospects.
Source: NewsData