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Ascendant Resources raises 1.2 million dollars as the look to fund exploration at Lagoa Salgada

Ascendant Resources (TSE: ASND) CEO Chris Buncic joined Steve Darling from Proactive Vancouver with news the company has gone out and raised 1.25 million dollars. That money is expected to be used to fund exploration of the south zone at their Lagoa Salgada project.

That project already has a PEA on the North Zone. Buncic shared some of those numbers from the PEA and he also shared details of the drill program planned on that south zone.

Quick facts: Ascendant Resources Inc

Price: 0.09 CAD

TSX:ASND
Market: TSX
Market Cap: $8.56 m
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