other_material
confidence high
sentiment neutral
materiality 0.65
Gold Resource announces $11.4M registered direct offering; proceeds to repay $6.4M loan
GOLD RESOURCE CORP
- Offering of 25,315,960 shares at $0.45 per share for gross proceeds of ~$11.4M.
- Net proceeds to prepay $6.4M loan from June 26, 2025 (lenders: Reyes de la Campa and Jaluca Limited).
- Remaining proceeds for working capital, Three Sisters vein development at Don David Gold Mine, and Back Forty Project prefeasibility/permitting.
- Offering closed on September 8, 2025.
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