Ridgeline Minerals Corp. (V:RDG)
Business Focus: Gold (NEC)
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Latest 10 SEDI filings for RDG within the last 6 months
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Company News
Apr 19, 2024 18:30 ET
Ridgeline Minerals Announces Upsized Non-Brokered Private Placement to $2.2M
Vancouver, British Columbia--(Newsfile Corp. - April 19, 2024) - Ridgeline Minerals Corp. (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0) ("Ridgeline" or the "Company") is pleased to announce that in connection with its previously announced non-brokered private placement (see April 17, 2024 news release) the Company has increased the size of the private placement to 18,333,333 units (the "Units"), at a price of C$0.12 per Unit, for aggregate gross proceeds of C$2,200,000 (the "Upsized Offering").
Apr 17, 2024 08:00 ET
Ridgeline Minerals Announces Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - April 17, 2024) - Ridgeline Minerals Corp. (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0) ("Ridgeline" or the "Company") is pleased to announce a non-brokered private placement (the "Private Placement") to raise gross proceeds of up to $1,200,000 through the sale of up to 10,000,000 units ("the Units") at the price of $0.12 per Unit. Each Unit consists of one common share(a "Share") of the Company and one-half of one non-transferable share purchase warrant (each a whole warrant a "Warrant"). Each Warrant entitles the holder to purchase one additional Share of the Company at a price of $0.18 per share for a period of 24 months from the date of issue.
Valuation Ratios
Industry
Sector
Beta
1.55
--
--
Price to Sales - TTM
--
7.16
4.60
Price to Book - most recent quarter
0.70
2.03
2.04
Price to Cash Flow per share - TTM
--
17.29
9.59
Price to Free Cash Flow per share - TTM
--
35.04
20.54
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Apr 30, 2024 | 18,351 | 15,624 |
| Apr 15, 2024 | 2,727 | -36,073 |
| Mar 31, 2024 | 38,800 | 35,995 |
Business Summary
| Sector: Basic Materials | Industry: Gold |
Ridgeline Minerals Corp. is a Canada-based resource company, which is engaged in the exploration of precious and base metal deposits in the western United States. The Company has an approximately 204 square kilometers (km2) square kilometers exploration portfolio across six projects in Nevada and Idaho, United States. Its projects include Selena, Big Blue, Swift, Carlin-East, Bell Creek and Robber Gulch. The Swift project is a Carlin-Type gold exploration project located in Lander County, Nevada, within the prolific Cortez district of the Battle Mountain-Eureka Trend. The Carlin-East project is a Carlin-Type gold exploration project located within the prolific Carlin Trend. The project area straddles Eureka and Elko counties in Nevada and comprises 422 contiguous federal lode claims and fee lands totaling 35 km2 of mineral rights. The Bell Creek Project is a Carlin-Type gold exploration project situated west of its Carlin-East Project on the prolific north Carlin Trend.
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