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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Theragenics Corp. | NYSE:TGX | NYSE | Ordinary Share |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 2.19 | 0.00 | 01:00:00 |
EDISON EQUITY RESEARCH: TRUE NORTH GEMS - FUNDED THROUGH TO PRODUCTION
True North Gems (TGX) has secured C$5.3m via a share subscription agreement with Greenlandic private equity/venture capital firm Greenland Venture (GV). This financing effectively completes Aappaluttoq’s mine construction financing, paving the way to first production (expected Q415). A key near-term catalyst remains – sales agreements for Aappaluttoq’s ruby/pink sapphire output – the first of which are expected by year end.
True North Gems is developing its 85.4%-owned (65% on completion of the mine by its JV partner LNSG) and exploitation (mining) permitted Aappaluttoq ruby and pink sapphire mine in Greenland.
To view our full report, please click here
Click here to view all of Edison Investment Research’s published reports
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