Yinfu Gold Corp.
Filing Date: 2024-07-15
TL;DR
- 📉 Financial Struggles: Sustained losses and limited cash on hand.
- 🔄 Business Shift: Moved from mining to financial services and tech.
- 🌍 Emerging Markets: Focus on new tech like AI and IoT.
- ⚠️ Challenges: Relies heavily on funding from directors and stockholders.
Major Announcements
In 2024, Yinfu Gold Corporation announced a private placement to raise $120,000 by issuing 120,000,000 shares.This funding is aimed at supporting the company's working capital needs.