US Gold Says Investors Exercise Nearly 1.9 Million Warrants for Gross Proceeds of $7.3 Million

MT Newswires Live

2025/05/09

US Gold (USAU) said Friday that investors have exercised nearly 1.9 million warrants since the end of January, generating gross proceeds of around $7.3 million.

The company said it still has slightly more than 2.9 million warrants outstanding.

The new funding is expected to be used to complete the feasibility study and develop a project execution plan for the CK Gold Project in southeastern Wyoming, US Gold said.

US Gold shares were 0.4% higher in premarket trading.

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