Gold Resource Announces Direct Share Offering to Raise $11.4 Million-February 2024-www.financetom.com

Gold Resource Announces Direct Share Offering to Raise $11.4 Million

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Gold Resource Announces Direct Share Offering to Raise $11.4 Million

Sep 3, 2025 3:28 PM

05:59 PM EDT, 09/03/2025 (MT Newswires) -- Gold Resource ( GORO ) plans to sell up to 25.3 million common shares to certain investors at $0.45 apiece for gross proceeds of $11.4 million.

Proceeds of $6.4 million will be used to prepay in whole or in part a loan held by a Mexican subsidiary, Gold Resource ( GORO ) said Wednesday in a statement.

The offering is expected to be completed around Friday, subject to closing conditions.

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