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Security Type
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Common Stock
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Categories
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Building & Construction
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Min Investment
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$504
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Offering Date
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June 13, 2021
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Expected Close Date
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May 09, 2022
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Target Raise
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$25.00K-$5.00M
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Security Price
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$1.60
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Valuation
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$1,740,000
Company Description
Durango Gold was created with one purpose in mind: to find the next world-class gold and silver deposit in Mexico. With Operations located across Mexico, Durango Gold is guided by an expert team of geologists with distinguished careers.
Key Deal Facts
The price of gold has climbed from from under $1,200 four years ago to nearly $2,000 today.
The small number of mines that can generate more than 10 million troy ounces – known as world-class deposits, are running dry.
Management Team / Advisory Board Bios
Steve Weiss – Before joining Durango Gold as the Chief Geologist, he worked at GoldCorp as Mexico Exploration Manager, and led the team that more than doubled the mineral resources at the Camino Rojo deposit.
Sean Zubick – Before joining Durango Gold, he was the co-founder and principal investor of New Found Gold Corp (TSXV:NFG): A rocket ship that’s gone from a standing stop to a $1b market cap in under five years.
Charles Funk – Charles is the current CEO of Heliostar Metals and VP of exploration at Viszla Resources. His most notable recent success has been at the Panuco Project in Mexico optioned to Silverstone Resources.