Raiden Advances Crixás Permit Work, Eyes Gold Project Evaluation
Closing price · 2026-10-27: $0.004 · +16.67%
Raiden submitted environmental studies and supporting documents for regulators’ ongoing review of the Crixás Gold Tailings Project permit; any near-term production assessment remains subject to permit re-issue and further evaluation. The company reported approximately $12 million in cash at quarter-end and is also assessing asset sales or joint ventures to supplement its cash balance and reduce holding costs.