Ranger Gold Corp. (RNGC) Closes $300k Private Placement; Readies to Start Drilling at Truman Site in Mineral County, Nevada
Today, Ranger Gold, the Nevada-focused gold developer employing a strategy that emphasizes low-cost assets in proven regions, reported closing a non-brokered $300k private placement structured as 2M shares of common stock (issued price of $0.15/share). President of RNGC, Gary Basrai, explained that this financing would be employed initiating the Company’s drilling program at the 1,080-acre (91 unpatented lode claims) Truman Project in Nevada’s prolific Mineral County. Basrai pointed to the Board-approved budget for drilling operations and indicated that sufficient budgeting for the drilling of eight holes at key points within the fifteen permitted sites at Truman was in place. The…