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Gold Resource Announces $2.5M Secondary Offering Of 15.6M Shares At $0.16/Share

Benzinga·01/07/2025 08:18:32
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Gold Resource Corporation (NYSE:GORO) (the "Company") today announces that it is pursuing a registered direct offering with certain investors for the purchase and sale of up to 15,625,000 shares of the Company's common stock at a price of $0.16 per share (the "Shares"), resulting in estimated total gross proceeds of approximately $2.5 million. The closing of the sale of the Shares is expected to take place within the next 10 days, subject to the satisfaction of customary closing conditions.