Golden Phoenix sells holding
Golden Phoenix Minerals, Inc. of Sparks said last week it sold 7.04 million shares of Scorpio Gold Corp., raising approximately $3.6 million.
Golden Phoenix acquired the shares in March when it sold a 70 percent interest in its Mineral Ridge gold project near Silver Peak in Esmeralda County to Scorpio. Golden Phoenix retains a 30 percent interest in the project.
The SaaS industry has been one of the fastest-growing tech sectors worldwide. And with revenue still streaming into cloud-based software despite the coronavirus pandemic, one could argue SaaS companies are positioned better than most to weather the COVID crisis, reports Kaleb M. Roedel.