In another development Thursday, Lundin said it's investing $6.8 million in Sunridge Gold Corp. (TSXV:SGC), subscribing for three million units in a non-brokered private placement at $2.25 each. That will boost its stake to 19.6 per cent of the junior Vancouver-based explorer, which is developing a project in the eastern African country of Eritrea.
This makes SBS investment in sunridge look alot better.
Sunridge up 4.35% overnight.
With this and anvil investing into SBS shows bigger companies are starting to look interested in these gold juniors.
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