Maple Gold Mines – Updates on Financing, Share Price Moves, and Upcoming Resource
Maple Gold Mines (TSX-V: MGM, OTCQB: MGMLF) is ramping up its drilling by just announcing that two drills are on site. To prepare for the drilling this year the Company has upped its cash with almost C$2million received from Revenue Quebec and increasing a Private Placement to C$2.6million (that is expected to close very soon).
With all this news leading into a busy drill program I chatted with the President and CEO Matthew Horner. We first address a couple questions from you that have been send in over the past couple weeks. Starting with the recent share price slide and comments on just how much money the Company has in the bank. We then look ahead to the upcoming updated resource that is expected in a couple months.
Please continue emailing me questions at Fleck@kereport.com. In full discloser I hold shares in Maple Gold Mines.